A number of members had expressed “adamant opposition” to any changes that would affect the ability of LME member dealers to extend credit lines, ISRI non-ferrous division chair Christine Gneiding said in a letter to the LME.
She was responding to an exchange discussion paper that
closed to responses on Friday March 19.
“The effect of the credit issue is potentially very large for ISRI members in aggregate,” she added.
ISRI represents around 1,300 member companies worldwide that process,...
