In this month’s issue:
- EU REACH REGULATION – European Chemicals Agency (ECHA) publishes REACH guidance information for exporters to the European UnionLME
- Steel billet producer listing procedures published DGCX
- Publishes its list of approved producers for DGCX Steel Rebar Contract NYMEX
- Board approves launch of US Steel Futures Contract DGCX
- Receives approval from China Securities Regulatory Commission to launch Gold Futures Contract LBMA
- Annual Precious Metals Conference - Mumbai, India (18-20 November 2007)
EU REACH - EUROPEAN CHEMICALS AGENCY (ECHA) PUBLISHES GUIDANCE BROCHURE FOR EXPORTERS TO THE EU
Between 1 June and 1 December 2008, EU manufacturers and EU importers of metal need to provide limited information to ECHA for each existing substance (metals are classed as a chemical substance) in order to comply with their REACH obligations.
ECHA has recently published a guidance brochure providing information for exporters to the EU. The brochure details how REACH affects companies outside the European Union.
LME PUBLISHES BRAND REGISTRATION PROCEDURES FOR ITS STEEL BILLET CONTRACT
In order to register steel production, in the first instance, you must be either i) a steel producer, ii) a steel merchant or iii) a LME Member Company (Categories 1-5) and hold a certified confirmation of quality from a User of the Billet covering the production to be registered. Supporting producer documentation required is outlined in the LME's "Registration of Steel Billet Production, Guidance Notes for Applicants".
DGCX PUBLISHES ITS LIST OF APPROVED PRODUCERS FOR ITS REBAR STEEL CONTRACT
The Exchange lists the following approved producers:-
- Al-Ittlefaq Steel Products Factory (ISPF)
- Kingdom of Saudi Arabia Diler Iron & Steel Co Inc
- Turkey Ekinciler Iron & Steelworks Inc
- Turkey Emirates Iron & Streel Factory
- United Arab Emirates Izmir Demir Celik Sanayi AS
- Turkey Kroman Celik Sanayi
- Turkey Saudi Basic Industries Corporation (SABIC)
- Kingdom of Saudi Arabia Qatar Steel Company (QSC) - Qatar
NYMEX - BOARD APPROVES LAUNCH OF US STEEL FUTURES CONTRACT
The NYMEX Board has approved the launch of a US Hot Rolled Coil Contract. Launch date to be announced. The financially settled contract is to be listed on NYMEX's ClearPort electronic clearing and trading platform. Further information to be announced.
SHFE RECEIVES APPROVAL FROM CSRC TO LAUNCH GOLD FUTURES CONTRACT
SHFE, in addition to its recently launched Zinc Contract, has received approval from the China Securities Regulatory Commission (CSRC) to launch a Gold Futures Contract. Final Contract Specification details will be announced at a later date.
LBMA CONFERENCE - 18-20 NOVEMBER 2007 MUMBAI
The 8th annual LBMA Precious Metals Conference to take place at the Taj Mahal Palace Hotel in Mumbai from 18th - 20th of November.
