What does LME stand for?

Three-month zinc on the London Metal Exchange MZN3 rose $50 to $2,265 a tonne, after rising as high as $2,274 earlier.

Steel billet futures trading on the London Metal Exchange continued to increase in August with the highest level of turnover achieved in the Mediterranean contract since it began to trade last year.

The state-owned company had taken the decision to scale back output at its smelter in response to market conditions, with the price of aluminium on the London Metal Exchange (LME) remaining below expectations, said Khalid Essa Abdulla Buhumaid, vice president, corporate relations and international affairs for the firm.

As we reported in February, the London Metal Exchange, or LME, will introduce the world's first commodities futures trading in plastics on May 27.

The volatility of polypropylene bas become so pronounced that the London Metal Exchange is set to unveil a first-of-its-kind futures contract.

The OME, which currently trades futures contracts on aluminum and natural rubber, will be the second exchange in the world, next to the London Metal Exchange, to trade in nickel futures.

Patrick Thompson, president of the New York Mercantile Exchange, told Reuters on Monday that the exchange had not received enough information from the London Metal Exchange and other British regulators to determine the impact of the Sumitomo scandal on the Comex but that he had ``no reason to believe that the comforting statements that have been made by the British regulators and the LME are incorrect.

TT) and London Metal Exchange (LME) announced that TT has connected its X_TRADER([R]) derivatives trading platform to LME, the world's oldest and largest non-ferrous metals market.