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Heavy Metal – Recommendations for Delivery Loads from LME Warehouses

Library metal jumble
Creative Commons License photo credit: quinn.anya

This week the London Metal Exchange (LME) said that it is taking on board recommendations made following a study of its warehousing system.

The LME warehouses have been suffering from a problem where long queues form in its delivery operations, and the study looked at ways to alleviate these bottlenecks.

In a press release the Exchange said that it “has accepted the recommendations put before it in respect to loading out rates above 300,000 tonnes per company per location per day.”

Research carried out by the Europe Economics consultancy urged the LME to raise the minimum delivery … Read More

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