The London Metal Exchange is the world centre for
industrial metals trading. Most of the world’s global non-ferrous futures
business is conducted on the LME’s three trading platforms totalling $18
trillion, 178 million lots and 4 billion tonnes with a market open interest
high of 1.8 million lots in 2024. All trades are cleared and settled by LME
Clear.
Participants can
transfer or take on price risk against aluminium, copper, nickel, tin, zinc,
lead, molybdenum, cobalt, lithium, steel scrap, rebar and hot-rolled coil as
well as alumina, aluminium premiums and alloys.
In December 2024, 1,551,482 tonnes of material were
held on LME warrant in more than 460 storage facilities in 14 countries across
32 global locations.
The LME is a
member of HKEX Group.