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Metals warehousers to tread warily despite UK court ruling

Posted on 04 April 2014

Big warehouse owners, under regulatory scrutiny for tying up huge amounts of aluminium in profitable storage, are unlikely to risk seeking a fresh influx of metal even though a UK court ruling last week set back attempts to rein them in.
But access to aluminium will remain tight as existing backlogs increase in the global network of warehouses overseen by the London Metal Exchange (LME) following the court decision, analysts and industry sources said………………………………Full Article: Source


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