london metal exchange

Former LME Chief Debuts New Non-Ferrous Metals Trading Platform

Former LME Chief Debuts New Non-Ferrous Metals Trading Platform

The world’s oldest and biggest metals exchange faces new competition early next year when a trading platform begun by its former head begins trading in the first quarter. The new platform, christened Non-Ferrous Exchange Markets (NFEx), will be piloted by a five-member...

Events

LME Chief Garry Jones Steps Down

The London Metal Exchange (LME) announced yesterday that its Chief Executive has stepped down. Garry Jones, who was also the executive director of LME and LME Clear (LMEC), retired yesterday, transitioning into an advisory role for the remainder of 2017. The LME has appointed Matthew Chamberlain, lately the organization’s COO, as Interim Chief Executive. Andrew […]

Sources: Indian Government Soon to Impose MIP on Primary Aluminium

A minimum import price (MIP) on primary aluminium imported into India may soon be a reality according to sources within the Indian government. India’s state-run engineering consulting firm Metallurgical & Engineering Consultants (India) Limited (MECOM), who was commissioned by the Aluminium Association of India to study solutions for protecting the domestic aluminium industry, returned a […]

India’s Engineering Consultant Recommends Minimum Import Price for Aluminium

A study commissioned recently by India’s aluminium industry recommended the imposition of an import duty or minimum import price (MIP) upon primary aluminium. India’s state-run engineering consulting firm Metallurgical & Engineering Consultants (India) Limited (MECOM) submitted its findings to the Aluminium Association of India earlier this week according to local media. “The association has forwarded […]