Posted on April 1st, 2010 by admin
As per the LME website -
- Monthly trading breaks through the 10,000 lots barrier for the first time
1st April, 2010, London – Trading in steel futures on the London Metal Exchange (LME) achieved record levels in March, with 10,662 lots traded, representing 693,030 tonnes (notional value = $346m).
Additionally, the Market Open Interest (MOI) in the [...]
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Posted on June 25th, 2009 by admin
London Metal Exchange 2009 seminar Information
Building on last year’s record attendance with over 500 delegates from around the world, the 2009 LME Metals Seminar will be held on Monday 12 October 2009 at the Queen Elizabeth II Conference Centre, Westminster, London.
GET A 4 WEEK FREE TRIAL TO LMElive HERE
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Posted on June 2nd, 2009 by admin
About LMElive
LMElive is the London Metal Exchange’s own real time price and data service, designed to provide a comprehensive view of trading on the LME.
Access LMElive prices in minutes with quick and easy online sign up.
This powerful data product has additional features including:
LME non-ferrous, steel billet, plastics prices and report data 4
LMElive anywhere for full [...]
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Posted on March 31st, 2009 by admin
Members of the London Metal Exchange steel committee met for the first time on March 16 and reviewed progress made in the LME billet contracts.
Turnover since the contracts’ launch in February 2008 now totals 1.3 million tonnes, or $679 million, with volumes increasing progressively since December.
Of significant importance is the decision by leading price providers [...]
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Posted on December 7th, 2008 by admin
Base metals
Base metals fell sharply in the last week as the financial market mood continues to remain weak on concerns that the world economies are sinking into an intensifying recession. The current crisis is expected to continue well into 2009 as much the developed world is expected to remain in recession.
Since the developed countries [...]
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Posted on October 20th, 2008 by admin
LME base metal prices rebound slightly last Friday -
LME base metals prices all rebounded slightly last Friday as investors enter the market, except for tin price.
Tin price dropped by 3.3 percent to US$13,000/ton, and had decreased by 38 percent since June. Copper price increased by 3 percent to US$4,810/ton. Lead price saw an increase of [...]
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Posted on October 9th, 2008 by admin
Current LME Prices for:
LME Copper, LME Warehouse Stocks, LME Aluminum LME Lead, LME Zinc, LME Tin, and LME Nickel can be found at this website on the LME Price Page or http://www.scrapmetalpricesandauctions.com/lme . The webpage provides updated price charts for all the metals listed above.
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Posted on September 19th, 2008 by admin
The LME steel billet contracts have reached a double milestone with a turnover exceeding quarter of a billion USD ($250m), and over 260,000 metric tonnes or 4,000 lots traded.
21 members of the Exchange have now participated in trading the contract that only began cash trading on the 24 July 2008. Since the introduction of cash [...]
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