June 17 – “Europe braces itself for another aluminium premium hike,” Metal Bulletin European aluminium market participants are preparing for a last increase in premiums ahead of the summer slowdown, with producers, traders and consumers all forecasting higher premiums over the next few weeks. Metal Bulletin’s European duty-paid aluminium premium stands at $405-435 per tonne, while […]
March 11 – “Antitrust suits vs. LME, banks to go on,” American Metal Market “A federal judge is allowing three groups of plaintiffs to pursue separate lawsuits against Goldman Sachs Group Inc., JPMorgan Chase & Co., their warehousing businesses and the London Metal Exchange. The suits, filed late last year on behalf of dozens of […]
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As the current warehousing issues associated with the London Metal Exchange (LME) continue, we will be publishing periodic updates, compiling information found online as the situation develops. This post includes the week of February 3-10, as well as a video that appeared on January 20th. January 20 – “Aluminium premiums smash records” (video), Metal Bulletin […]
As the current warehousing issues associated with the London Metal Exchange (LME) continue, we will be publishing periodic updates, compiling information found online as the situation develops. January 12 – “LME looking to launch U.S. aluminum premium contract,” by Josephine Mason, Reuters “The London Metal Exchange is considering launching a U.S. aluminum premium contract, a […]
