New Metal Warehousing Regulations Halted – ValueWalk Premium

New Metal Warehousing Regulations Halted

At the twilight hour, a United Kingdom court has ruled against changes to the London Metals Exchange (LME) warehousing rules that would have shortened the time metal could be held, impacting a hot battle that involved US regulators, aluminum producers, beverage distributors and the largest banks. The new rules were to have taken effect April 1.

Winners and losers: aluminum producers versus beverage marketers
At issue are delays in the time the metal was held in warehouse that were said to drive aluminum prices higher . . .


This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.

Saved Articles