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FinancialNews


  • 16-12-10

    Emal lists products on London Metal Exchange

    (MENAFN) One of the four products produced by Emirates Aluminium (EMAL) is now registered with the London Metals Exchange (LME), WAM reported. Sow, a solid block of molten aluminium, produced at EMAL is now listed with the LME � ensuring both consistent pricing and an international 
standard of quality. Established for over 130 years and located in the heart of London, the LME is the world�s premier non-ferrous metals market. The exchange provides a transparent forum for all trading activity, and as a result helps to �discover� what the price of material will be months and years ahead. This helps the industry to plan forward in a world subject to often severe and rapid price movements. The LME requires that aluminium producers be ISO 9000 certified, and to have completed a full year of production prior to having their products listed on the Exchange. EMAL�s listing with LME comes exactly one year after the smelter began producing Sow.

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