To an external viewer, the wheels can appear to grind slowly at the world’s oldest metal exchange. But the years have taught the London Metal Exchange about the danger of hasty rule changes — often made for the best of intentions, such changes can lead to unexpected consequences. Keep up to date on everything going […]
Category: Inventory Stock Levels
Is the LME Warehouse System in Crisis?
Never let it be said that metals markets are not dynamic (and I am not talking about metals prices). Need buying strategies for steel? Try two free months of MetalMiner’s Outlook After the financial crisis, the one area of the market that was making money was the stock and trade financiers, plus the warehouse companies […]
High China Iron Ore Port Stocks Not the Whole Story
Not surprisingly, any discussion of iron ore prices in top consumer China inevitably involves some reference to import stock inventory. Need buying strategies for steel? Try two free months of MetalMiner’s Outlook So when Reuters reports that the Dalian commodity exchange May iron ore contract price touched a low of 475.50 yuan per ton this […]
