MB AL CONF: Rusal supports Alcoa's proposals for increased transparency on LME

UC Rusal would like the London Metal Exchange to extend its consultation into warehousing and postpone the introduction of its proposed rule changes.

The company would like to talk with the LME to find a “better solution” to the proposed rule changes, Vladislav Soloviev, first deputy ceo, said on the sidelines of Metal Bulletin’s 28th International Aluminium Conference in Geneva. The changes are due to be voted on at the LME board meeting in October. Designed to reduce warehouse queues to 100 days and impose higher load-out rates for companies storing...

Published

Andrea Hotter

September 18, 2013

12:13 GMT

Geneva