london metal exchange

London Metal Exchange Mandates Reporting Of Over The Counter Trades To Prevent Price Spikes

London Metal Exchange Mandates Reporting Of Over The Counter Trades To Prevent Price Spikes

In an effort at combating the unexpected spike in nickel prices earlier this year, the London Metal Exchange said yesterday it will require its members to report over the counter (OTC) trades going forward. In a statement released Friday, the LME said...

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Hindalco To Increase Exports Of Aluminium To Offset Drop In Domestic Demand

Indian aluminium smelter Hindalco said last week it plans to increase overseas sales of its output in the coming year to almost two-thirds, raising it from last year’s half-and-half split between domestic and foreign sales. According to statements made by managing director Satish Pai, the move is the result of a significant downturn in domestic […]

LME To Debut Trading Platform For Low-Carbon Aluminium In Coming Months

The London Metal Exchange announced late last week its plans to establishing a trading platform that will offer low-carbon aluminium warrants to traders seeking a source of primary aluminium derived principally from hydroelectricity or other renewable resources. “Our plans include…working with the market to investigate a standalone spot trading platform for the exchange of aluminium […]