January 17, 2019 / 1:13 PM / a month ago

LME to launch seven new contracts on March 11, lithium due in Q4

LONDON, Jan 17 (Reuters) - The London Metal Exchange (LME) will launch seven new cash-settled futures contracts on March 11, including hot-rolled coil steel and alumina, it said on Thursday.

The exchange, the world’s oldest and largest market for industrial metals, also said in a statement that it expected to launch a lithium contract in the fourth quarter. The LME is owned by Hong Kong Exchanges and Clearing Ltd. (Reporting by Eric Onstad; Editing by Alexander Smith)

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