December 2007, Issue 3



Welcome to our monthly e-newsletter.  If you have any questions, comments or suggestions, please contact news@metalreg.com.
In this month’s issue:


· TOCOM - Metal Registration Ltd. able to facilitate registrations for Tokyo Commodity Exchange
· SHFE     - Plans to launch a Silver Futures Contract 
· SHFE & C-COM - Sign Memorandum of Understanding (MOU)
· DGCX    -  New Producer listed under Steel Rebar Contract
· NCDEX  - National Commodity & Derivatives Exchange Ltd. changes contract specifications
· NATIONAL COMMODITY EXCHANGE - New Indian Commodity Exchange planned
· LME        - Lists additional grades, shapes, brands and delivery location to its Steel Billet Contracts
· EU REACH REGULATION – Key Base and Precious metals consortia information provided



TOCOM - METAL REGISTRATION LTD. GIVEN APPROVAL TO FACILITATE REGISTRATIONS

The Tokyo Commodity Exchange recently provided approval to Metal Registration Ltd. to facilitate registering brand applications from metals producers under its aluminium, gold, palladium, platinum and silver contracts. 
For further information on TOCOM's metals contracts go to:-http://www.tocom.or.jp/


SHFE - PLANS TO LAUNCH A SILVER FUTURES CONTRACT

Following the recent approval to trade gold futures, the Shanghai Futures Exchange now plans to launch a Silver Futures Contract.  Further details are to be announced.



SHFE AND C-COM SIGN MEMORANDUM OF UNDERSTANDING  (MOU)

On 7 November 2007, the Central Japan Commodity Exchange (C-Com) and the Shanghai Futures Exchange (SHFE) announced that they had signed a MOU to pursue business initiatives. These initiatives include the future sharing of exchange/product development information, staff exchanges and training opportunities.  

For further information, go to:- 

http://www.shfe.com.cn/Ehome/index.jsp?id=1


DGCX - LISTS NEW PRODUCER

The Dubai Gold and Commodities Exchange lists HABAS A.S., Turkey, as an approved producer under its Steel Rebar Contract.  

For Contact data, please go to:-  
http://www.dgcx.ae/steel.html 

 

NCDEX - CHANGES NICKEL AND ZINC CONTRACT SPECIFICATIONS

The National Commodity and Derivatives Exchange notified on 9 November 2007 the following modifications to its nickel and zinc contracts:
  • Tick size for nickel cathode revised to Rs 0.05 per Kg (5 Paise)  from Rs 0.25 per Kg (25 Paise)
  • Tick size for zinc ingot revised to Rs 0.05 per Kg (5 Paise) from Rs 0.1 per Kg (10 Paise)
  • Trading unit for Zinc ingot increased to 5mt from 2mt

 NEW COMMODITY EXCHANGE PLANNED - INDIA

Government run Mineral and Metals Trading Corporation plans to set up India's fourth national commodity exchange with brokerage firm, Indiabulls.    Proposed contracts include metals, minerals and agricultural products.



LME LISTS ADDITIONAL GRADES AND DELIVERY LOCATION TO ITS STEEL BILLET CONTRACTS
The LME announced on 29 November 2007 the addition of new grades, brands, shapes and delivery location to its proposed Far East and Mediterranean Steel Billet Contracts.  Additions are emboldened below:-
Billet specifications for both Contracts:-
  • Gost 380-94 Grade 5sp/ps,  
  • Gost 380-94 Grade 3sp/ps,
  • GB 20MnSi,
  • GB Q235,
  • ASTM A615/A, 615M-07 Grade 60,
  • BS4449:2005
Producers/Brands:
  • Hellenic Halyvourgia, Greece
  • Colakoglu Metalurji, Turkey
  • CJSC Ministeel Mill ISTIL, Ukraine - "ISTIL DONETSK" Brand
  • Frolovsky Electrostaleplavilny Zavod, Russian Federation - "ZAO VOLGA-FEST FROLOVO" Brand
  • JSC Zlatoust Metallurgical Works, Russian Federation - "ZMZ ZLATOUST" Brand
  • Diler Demir Celik Endustri ve Ticaret A.S., Turkey - "DILER DILOVASI" Brand
  • Yazici Demir Celik Sanayi Ve Turizm Ticaret A.S - "YAZICI SARISEKI" Brand
Shapes:-
  • 100S - 100mm x 100mm x (5,900mm - 6,000mm)
  • 100L - 100mm  x 100mm x (11,700mm - 12,000mm)
  • 120S - 120mm x 120mm x (5,900mm - 6,000mm)
  • 120L - 120mm x 120mm x (11,700mm x 12,000mm)
  • 125S - 125mm x 125mm x (5,900mm x 6,000mm)
  • 125L - 125mm x 125mm x (11,700mm x 12,000mm)
  • 130S - 130mm x 130mm x (5,900mm x 6,000mm)
  • 130L - 130mm x 130mm x (11,700mm x 12,000mm)
  • 150S - 150mm x 150mm x (5,900mm x 6,000mm)
  • 150L - 150mm x 150mm x (11,700mm x 12,000mm)
 Proposed Delivery Locations:-
  • Mediterranean Contract:-  Turkey (Marmara region); United Arab Emirates, Dubai
  • Far East Contract:- South Korea (Incheon); Malaysia, Johor;
For further information go to:- http://www.lme.com
EU REACH REGULATION - KEY METALS CONSORTIA CONTACT DETAILS PROVIDED

Key contact details covering metals consortia with regard to REACH Regulation are given below:-

European Aluminium Association
Avenue de Broqueville 12, B-1150 Brussels, Belgium. Tel : + 322 775 63 63 Fax : + 322 779 05 31 

European Copper Institute
Avenue de Tervueren, 168 - box 10, B-1150 Brussels, Belgium.  Tel : + 322  777 70 70 Fax : + 322 777 70 79 

European Precious Metals Federation
Avenue de Broqueville 12, B-1150 Brussels, Belgium. Tel: + 322 775 63 23 Fax: + 322 779 05 23

Nickel Consortia   
Tel + 322 290 32 01  

International Lead Development Association
17a Welbeck Way, London,  W1G, 9YJ, UK.  Tel: +44 (0)20 7499 8422 Fax: +44 (0) 20 7493 1555 

International Tin Research Institute
Unit 3, Curo Park, Frogmore, St. Albans, Hertfordshire. AL2 2DD, UK.  Tel: +44 (0) 1727 875 544, Fax: +44 (0) 1727 871 341.

International Zinc Association
168 Avenue de Tervueren, B-1150 Brussels, Belgium. Tel: +322 776 00 73, Fax +322 776 00 92 

 

Metal Registration Ltd 211 Piccadilly, London,  United Kingdom, W1J 9HF
Tel: + 44 (0)20 7917 2740
Fax: + 44 (0)20 7917 1740
Email:
info@metalreg.com
www.metalreg.com