TITLE

LME to Trade Billets; First Foray into Steel Futures Trading

PUB. DATE
July 2007
SOURCE
Metal Center News;Jul2007, Vol. 47 Issue 8, p41
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of London Metal Exchange Ltd. to commence futures trading in steel billet in April 2008 in London, England. The trading involves two regional contracts including the contract for Near East and one for the Far East. Martin Abbott, the company's chief executive said that this service allows them to create credibility in developing base metals for over 130 years.
ACCESSION #
25938296

 

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