Publisher's Synopsis
This fourth edition aims to bring the reader up to date with recent changes in the London Metal Exchange. Aluminium, copper, lead, nickel, tin and zinc are all covered individually in terms of production and consumption figures and price graphs.;The use of the Exchange by producers, fabricators, consumers, investors and fund managers is explained in detail. The way in which "hedging" works is also explained, along with other stratagems for using the market to advantage in all contingencies. There is also a chapter on client account procedures, a glossary of market terms and specimen contracts, the LME rules and regulations and a list of members.;Prices outside the UK are as follows: airmail Europe #49.00 (US$, 98.00; DM, 147.00); airmail rest of world #50.50 (US$, 101.00; DM, 151.50)