Metal Bulletin Ltd., which has published metals prices for 100 years, is considering hiring an outside auditor amid heightened scrutiny of pricing mechanisms.
Platts and Metal Bulletin Ltd., which publish commodity-price reports, said some traders stopped giving information on metals as regulators scrutinize methods for setting rates and prices.
JPMorgan Chase & Co. may cut jobs at its industrial-metals team in London, Metal Bulletin reported, citing unidentified people.
Premiums paid to secure aluminum are poised to exceed $500 a metric ton as soon as the coming quarter on stronger demand and limited supplies, according to United Co. Rusal, implying a jump of at least 20 percent.
As he clambered out of bed and onto his feet one morning late last year, Miguel Angel Cardona, 62, felt his body betray him. His head grew so heavy it pulled him tumbling back down.
The London Metal Exchange, the world’s biggest metals bourse, will appeal next month a court ruling that curbed its plan to cut waiting times at its warehouses.