StockDuty ← Dashboard Oct 28, 2026 01:24 AM ET
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Trading starts on LME's first contract from Shanghai exchange collaboration

High-priority alert based on source significance and keyword relevance.

Context
What happened: The London Metal Exchange's new hot-rolled coil steel contract began trading on Tuesday, the first product from its collaboration with the Shanghai Futures Exchange. Key numbers: More than 550 lots traded in the first two active months. Two 2027 contracts were held back over a potential technical issue. Why it matters: The launch marks the first product to emerge from the LME's collaboration with the Shanghai Futures Exchange, while the withheld 2027 contracts point to a potential technical issue.
What changed
The London Metal Exchange's new hot-rolled coil steel contract began trading on Tuesday, the first product from its collaboration with the Shanghai Futures Exchange.
Why it matters
The launch marks the first product to emerge from the LME's collaboration with the Shanghai Futures Exchange, while the withheld 2027 contracts point to a potential technical issue.
Sources
economictimes
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