steel contracts

• LME Set New Trading Records in 2010

  By Philip Burgert  |  January 6, 2011

  The London Metal Exchange tallied new records for volume and value of trading in 2010, increasing volume by 7.4% to trade a total of 120.3 million lots and boosting the notional value of all contracts traded to $11.6 trillion.

• LME Adding Chicago, Detroit Steel Deliveries

  By Philip Burgert  |  August 16, 2010

  The London Metal Exchange will list warehouse locations in Chicago and Detroit for delivery against its steel billet futures contract beginning Nov. 16, the exchange said in a notice being delivered to members on Monday.