I attended the Asean Steel Federation Conference today. Befitting goblog’s tagline, I am into ferrous metal. A few weeks ago, over a cuppa with Z, I was wondering why LME was not doing ferrous. Walla!! a team from LME was at the conference announcing their venture into billets futures.
The lady leading the venture was a Benthamite of Gower Street, a UCL alumnus. We did that secret handshake.
LME was established130 years ago. It was initiated to trade in Malayan tin.
I am looking forward to Q1 08.