News / LME list Henry Bath for storage of Steel Billets

LME list Henry Bath for storage of Steel Billets

LONDON, April 2, 2008 - The LME today listed Henry Bath's facilities in Dubai, Johor and Incheon as good delivery points for its Steel Billet contracts.

The storage facilities were included in the LME's list of the first warehouse companies to be approved for the storage of steel billets accepted as good delivery against the LME's new Mediterranean and Far East contracts.

The LME steel billet contracts commence trading on 28 April 2008, with the first delivery date being 28 July 2008.

The LME approved Henry Bath storage facilities at:-

Compound Airlink
Jebel Ali, Dubai, UAE
Warehouse rent 28 US Cents per tonne per day, delivery to FOT Dirhams 82 per tonne

Compound 7A1
Johor Port, Johor, Malaysia
Warehouse rent 29 US Cents per tonne per day, delivery to FOT Malaysian Ringgit 95 per tonne

Compound 34
7GA, Hang-Dong, Jung-Gu, Incheon, South Korea
Warehouse rent 29 US Cents per tonne per day, delivery to FOT Korean Won 28,500 per tonne

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