BIRTH OF AN ALUMINUM CONTRACT

摘要

THE LME'S NEW NORTH AMERICAN SPECIAL ALUMINUM ALLOY CONTRACT-NASAAC-COULD IMPROVE PRICE TRANSPARENCY, REDUCE PRICE RISK THROUGHOUT THE INDUSTRY, AND MORE. THE QUESTION IS: WILL IT?March 4, 2002, marked a milestone for the London Metal Exchange and the North American secondary aluminum industry. On that date, the LME launched its North American Special Aluminum Alloy Contract, or NASAAC.