Big warehouses fail to deliver on new LME minimum load-out rates

Apr 03, 2012 | 11:20 AM |

The London Metal Exchange’s new minimum load-out rates came into force on Sunday April 1, but the largest warehouses in Detroit and Vlissingen are seemingly ignoring the rules and still only delivering out at the previous minimum rate. On April 1, the minimum load-out rates were changed so that warehouses holding more than 900,000 tonnes of metal would be required to deliver out a minimum of 3,000....

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