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24 Nov
16:29

LME launches scrap and rebar contracts

The LME has launched its two new ferrous contracts this week, the exchange tells Kallanish. “These new futures have been designed to meet the needs of the metal and trading communities at a time of great change for the whole steel supply chain,” the LME says in a release. New scrap and rebar contracts have been introduced to complement the LME billet contract. The two new ferrous contracts, along with an aluminium contract (LME aluminium premiums), a…
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