LME Seeks to Expand Presence in China

LME Seeks to Expand Presence in China Play

May 4 (Bloomberg) -- Martin Abbott, chief executive officer of the London Metal Exchange, talks about the outlook for metals demand in Asia and the exchange's plans for expansion in the region. Abbott said the LME, the biggest marketplace for industrial metals that’s considering takeover offers next week, wants to expand its warehouse network into China, the largest user of base metals including copper. He speaks from Singapore to Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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