LME Vows to Fix Stubborn Aluminum Warehouse Bottlenecks, Spot and 3-Month Prices Up

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The London Metal Exchange today said it is taking further steps to improve operations at its warehouses, as changes introduced on Feb. 1 have had little impact on aluminum warehouse bottlenecks for physical delivery.

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Large queues have built up at some of the warehouses dotted around the world that are operated under the LME’s rules. That has caused financial pain, but also operational inconvenience to companies that use aluminum.

 

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