LME WEEK 2021: Digitalization could provide efficiency and a new route to market

Digitalization can provide the metals trading industry with several benefits, including access to buyers’ and suppliers’ networks, panellists said at an LME Week seminar in London on October 11.

The primary driver for adopting digital platforms so far has been that it offers a new route to the market and growth in customer base, said John Eastwood, head of stainless-steel raw materials sales at Anglo American.

“That’s where the real value is,” Eastwood said. “From all the transactions completed across a number of platforms, we’ve grown our customer base. We’re now active in...

Published

Callum Perry

October 19, 2021

10:16 GMT

London