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The South Korean port of Gwangyang has emerged as the new hub for storing London Metal Exchange (LME) aluminium. LME-registered warehouses in the city currently hold 256,650 tonnes of aluminium, accounting for 49% of all the light metal sitting in the exchange’s global warehouse network.
The South Korean port of Gwangyang has emerged as the new hub for storing London Metal Exchange aluminium. LME-registered warehouses in the city currently hold 256,650 metric tons of... -Today at 08:01 pm- MarketScreener
It's been a tough couple of years to be in the metals storage business with dwindling inventories taking a heavy toll on the London Metal Exchange's global warehouse network. Exchange...