Reuben Brothers' Metro International Trade Services has
raised its 2016/2017 rent and free-on-truck delivery charges
for primary aluminium to levels well above those of competing
London Metal Exchange warehouse companies. The hike comes in
spite of pleas from the LME for firms to exercise restraint in
setting new fees, and has prompted the bourse to pursue
charge-capping. Jethro Wookey caught up with the LME's head of
business development, Matthew Chamberlain. Warehousing news
also came from Taiwan, where more than 8,500 tonnes of nickel
stocks were cancelled this week. Stocks in Kaohsiung reached a
peak of 53,220 tonnes last month, but the cancellations have
triggered discussion on the next possible stop for the stocks.
China's State Reserve Bureau plan to buy 30,000 tonnes of
nickel in the first half of 2015, but...