LME Rents, Charges and Procedures

Rates for metal on LME Warrant in Steinweg warehouses effective 1st April 2022 until 31 March 2023 inclusive.


 LME Rates per tonne per day in US centsLME FOT Rates per tonne
in local currency
LocationAA
Cu
Pb
NAS
AAC
Ni
Al
Al
Prem.
Sn
Zn
Co

Currency
Standard
Prem.
Co

Antwerp54
51
51
/
58
55
/55
53
59

EUR
33,00
/39,80

Baltimore/
54
53
57
59
57
/56
55
60

USD
45,00
/48,37

Barcelona53
47
47/
56
52
/53
48
/

EUR
33,00
//

Bilbao
53
47
47/
56
52
/53
48
/

EUR
33,00
//

Busan
56
51
51
/
59
55
/56
/
/

KW
49.600,00
//

Dubai/
47
47/
56
/
//
49
/

Dir
136,00
//

Genoa
56
/
53
/
59
56
/56
54
/

EUR
34,25
//

Gwangyang56
51
51
/
59
55
/56
/
/

KW
49.600,00
//

Hamburg52
47
47/
56
52
/53
48
/

EUR
33,00
//

Helsingborg/
47
47/
56
52
//
48
/

SEK
304,00
//

Incheon56
51
51
/
59
55
//
/
/

KW
49.600,00
//

Johor56
53
53
/
59
56
/55
54
/

MR
162,50
//

Kaohsiung53
47
47/
56
53
/54
49
/

NTD
1.455,00
//

Leghorn56
53
53
/
59
56
//54
/

EUR
34,25
//

Port Klang
56
53
53
/
59
56
/55
54
/

MR
162,50
//

Rotterdam54
51
51/
58
55
58
55
53
60

EUR
33,00
$ 47,00
39,80

Singapore54
51
51
/
58
55
/55
53
59

SGD
68,50
/73,70

Trieste56
53
53
/
59
56
/56
54
/

EUR
34,25
//


FURTHER INFORMATION AND ADDITIONAL RATES PER LOCATION:


ANTWERP
Rates
= Current LME warehouse rent per metal and current LME FOT charges as per the table above
= Additional charges from FOT up to:
- Free on Rail: EUR 5.50 per tonne excl. lashing and securing
- Free in Container: EUR 6.50 per tonne excl. lashing and securing
- Free in Container Cobalt: Euro 6.00 per tonne excl. lashing and securing
- Free on board / break bulk: EUR 13.00 per tonne excl. lashing and securing
- Metal re-warranting - Cobalt: EUR 115 per MT, depending on tonnage and packing to be rewarranted

- Metal re-warranting - RMC: EUR 65 per MT, depending on tonnage to be rewarranted.

- Metal re-warranting - other metals: EUR 4.50 per tonne

- Slot rescheduling at the request of the metal owner: USD 50.00 per Transport Unit (Truck, Container, etc.).

Scheduling and handling process for cargo which are stored under LME conditions:
= Required documents: Confirmation of warrant cancelation/release, applicable customs documentation, (shipping) instructions and the establishment of a contractual relationship including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery
= Handling: Loading dates/times need to be mutually agreed in advance. In case of FOT deliveries please be guided that truck details (license plate of truck and trailer as well as driver’s name) need to be advised latest 11h00 AM of the previous working day, once the delivery out date has been mutually agreed.
= Timing of operations: Monday – Friday 08h00 – 15h00, Holidays excluded.

= Payment of all outstanding costs and warehouse rental prior to delivery.
= Steinweg general terms and conditions to apply.


BALTIMORE

Rates
= Current LME warehouse rent per metal and current LME FOT charges as per the table above
= Additional charges from FOT up to:
- Free on Rail: usd 6.50 per ton excl. lashing and securing
- Free in Container Yard Baltimore (Dundalk and/or Seagirt Terminal): USD 19.25 per ton excl. lashing and securing
- Free Alongside Baltimore / break bulk: USD 21.75 per ton
- Metal re-warranting - Cobalt: USD 145 per MT, depending on tonnage and packing to be rewarranted
- Metal re-warranting - RMC: USD 75 per MT, depending on tonnage to be rewarranted.
- Metal re-warranting - other metals: USD  5.85 per ton
- Slot rescheduling at the request of the metal owner: USD 50.00 per Transport Unit (Truck, Container, etc.).

Scheduling and handling process for cargo which are stored under LME conditions:
= Required documents: Confirmation of warrant cancelation/release, applicable customs documentation, (shipping) instructions and the establishment of a contractual relationship including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery
= Handling: Loading dates/times need to be mutually agreed in advance. In case of FOT deliveries please be guided that truck details (license plate of truck and trailer as well as driver’s name) need to be advised latest 11h00 AM of the previous working day, once the delivery out date has been mutually agreed.
= Timing of operations: Monday – Friday 08h00 – 17h00, Holidays excluded.
= Payment of all outstanding costs and warehouse rental prior to delivery/release.
= Steinweg general terms and conditions to apply.


BARCELONA & BILBAO
Rates
= Current LME warehouse rent per metal and current LME FOT charges as per the table above
= Additional charges from FOT up to:
- Free on Rail: EUR 5.50 per tonne excl. lashing and securing
- Free in Container: EUR 5.00 per tonne excl. lashing and securing
- Free on board / break bulk: EUR 12.50 per tonne excl. lashing and securing + oncarriage to loading berth of Eur 236 / truck
- T-3 Export port dues : Eur 3,54 per tonne
- Metal re-warranting – EUR 4.50 per tonne
- Slot rescheduling at the request of the metal owner: USD 50.00 per Transport Unit (Truck, Container, etc.).

Scheduling and handling process for cargo which are stored under LME conditions:
= Required documents: Confirmation of warrant cancelation/release, applicable customs documentation, (shipping) instructions and the establishment of a contractual relationship including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery
= Handling: Loading dates/times need to be mutually agreed in advance. In case of FOT deliveries please be guided that truck details (license plate of truck and trailer as well as driver’s name) need to be advised latest 11h00 AM of the previous working day, once the delivery out date has been mutually agreed.
= Timing of operations: Monday – Friday 07h00 – 15h00, Holidays excluded
= Payment of all outstanding costs and warehouse rental prior to delivery/release.
= Steinweg general terms and conditions to apply.


BUSAN, GWANGYANG & INCHEON
Rates

= Current LME warehouse rent per metal and current LME FOT charges as per the table above.

= Additional charges from FOT up to: 

a) Free In Container (FIC): US$ 12.00/MT  

(Excludes transport, DHC, customs clearance, documentation, bracing, blocking, shipco’s charges and other added services)

b) Free Alongside Ship (delivered from warehouse directly to alongside ship “FAS”): US$ 14.00/MT

(Excludes port wharfage, lashing, securing, dunnages, customs clearance, documentation, shipowner’s charges and other added services)

c) Metal re-warranting (excludes rebundling/redrumming/rebagging as per LME rules): US$ 8.00/MT or min. US$ 200/transaction

d) Slot re-scheduling request received before 13:00 hours local business day prior to scheduled collection: US$ 100.00 per Transport Unit (Truck, Container, etc.)

e) Slot missed schedule/no show on day of collection: US$ 200.00 per Transport Unit (Truck, Container, etc.)


Scheduling and handling process for cargo which are stored under LME conditions: 

= Required documents: Confirmation of warrant cancelation/release, applicable customs documentation, (shipping) instructions and the establishment of a contractual relationship including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery

= Handling: Loading dates/times need to be mutually agreed in advance. In case of FOT deliveries please be guided that truck details such as name of trucking company, license plate of truck and trailer as well as driver’s name need to be given 1 working day in advance once the delivery out date has been mutually agreed.

= Timing of operations: Monday – Friday 09h00 – 16h00, Holidays excluded

= Payment of all outstanding costs and warehouse rental prior to delivery/release.

= Steinweg general terms and conditions to apply.


DUBAI
Rates
= Current LME warehouse rent per metal and current LME FOT charges as per the table above
= Additional charges from FOT up to:
- Free on Rail: Not Applicable
- Free in Container: USD 4.50 per tonne excl. lashing and securing
- Free on board / break bulk (Jebel Ali port): USD 16.00 per tonne excl. lashing and securing, gang overtime 
- Metal re-warranting (excl. redrumming and/or rebagging)- USD 5.00 per tonne
- Slot rescheduling at the request of the metal owner: USD 50.00 per Transport Unit (Truck, Container, etc.).

Scheduling and handling process for cargo stored under LME conditions:
= Required documents: Confirmation of warrant cancelation/release, delivery / shipping instructions, establishment of a contractual relationship including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery.
= Handling: Loading dates/times need to be mutually agreed in advance.In case of FOT deliveries please be guided that truck details (license plate of truck and trailer as well as driver’s name, contact details and identity to be confirmed by Receiver) need to be advised latest 1400 hours of the previous working day, once the delivery out date has been mutually agreed.
= Timing of operations: Sunday – Thursday 08h00 – 17h00, Holidays excluded. Outside of normal working hours, operations if required, will be carried out on overtime basis.   

= Payment of all outstanding costs and warehouse rental prior to delivery/release.

= Steinweg General Terms and conditions to apply.


GENOA - ITALY
Rates
= Current LME warehouse rent per metal and current LME FOT charges as per the table above
=
Additional charges from FOT up to:
- Free on Rail: EUR 9 per tonne excl. lashing and securing
- Free in Container: EUR 7 per tonne excl. lashing and securing
- Free on board / break bulk: EUR 18 per tonne excl. lashing and securing
- Metal re-warranting – EUR 9 per tonne
- Slot rescheduling at the request of the metal owner: USD 50.00 per Transport Unit (Truck, Container, etc.).

Scheduling and handling process for cargo which are stored under LME conditions:
= Required documents: Confirmation of warrant cancelation/release, applicable customs documentation, (shipping) instructions and the establishment of a contractual relationship including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery
= Handling: Loading dates/times need to be mutually agreed in advance. In case of FOT deliveries please be guided that truck details (license plate of truck and trailer as well as driver’s name) need to be advised latest 11h00 AM of the previous working day, once the delivery out date has been mutually agreed.
= Timing of operations: Monday – Friday 07h00 – 17h00, Holidays excluded.

= Payment of all outstanding costs and warehouse rental prior to delivery/release.
= Steinweg general terms and conditions to apply.

Also valid for other locations in Italy, Leghorn/Livorno, Ravenna and Trieste.


HAMBURG

Rates
= Current LME warehouse rent per metal and current LME FOT charges as per the table above
=
Additional charges from FOT up to:

- Free on Rail: EUR 4.50 per tonne excl. lashing and securing
- Free in Container: EUR 6.50 per tonne excl. lashing and securing
- Free on board / break bulk: EUR 10.00 per tonne excl. lashing and securing
- Metal re-warranting – EUR 4.50 per tonne
- Slot rescheduling at the request of the metal owner: USD 50.00 per Transport Unit (Truck, Container, etc.).

Scheduling and handling process for cargo which are stored under LME conditions:
= Required documents: Confirmation of warrant cancelation/release, applicable customs documentation, (shipping) instructions and the establishment of a contractual relationship including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery
= Handling: Loading dates/times need to be mutually agreed in advance. In case of FOT deliveries please be guided that truck details (license plate of truck and trailer as well as driver’s name) need to be advised latest 11h00 AM of the previous working day, once the delivery out date has been mutually agreed.
= Timing of operations: Monday – Friday 07h00 – 15h00, Holidays excluded
.

= Payment of all outstanding costs and warehouse rental prior to delivery/release.

= Steinweg general terms and conditions to apply.

HELSINGBORG
Rates
= Current LME warehouse rent per metal and current LME FOT charges as per the table above
=
Additional charges from FOT up to:
- Free on Rail: SEK 90.00 per tonne excl. lashing and securing
- Free in Container: SEK 86.00 per tonne excl. lashing and securing
- Free on board / break bulk: SEK 102.00 per tonne excl. lashing and securing
- Metal re-warranting – SEK 50 per tonne
- Slot rescheduling at the request of the metal owner: USD 50.00 per Transport Unit (Truck, Container, etc.).

Scheduling and handling process for cargo which are stored under LME conditions:
= Required documents: Confirmation of warrant cancelation/release, applicable customs documentation, (shipping) instructions and the establishment of a contractual relationship including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery
= Handling: Loading dates/times need to be mutually agreed in advance. In case of FOT deliveries please be guided that truck details (license plate of truck and trailer as well as driver’s name) need to be advised latest 11h00 AM of the previous working day, once the delivery out date has been mutually agreed.
= Timing of operations: Monday – Friday 07h00 – 15h00, Holidays excluded

= Payment of all outstanding costs and warehouse rental prior to delivery/release.

= Steinweg general terms and conditions to apply


JOHOR

Rates

= Current LME warehouse rent per metal and current LME FOT charges as per the table above.

= Additional charges from FOT up to: 

a) Free In Container (FIC): US$10/MT  

(Excludes transport, DHC, customs clearance, documentation, bracing, blocking, shipco’s charges, other added services)

b) Free Alongside Ship (FAS) (delivered from warehouse directly onto the quay (wharf): US$14/MT 

(Excludes port wharfage, lashing, securing, dunnages, customs clearance, documentation, shipowner’s charges, other added services)

c) Metal re-warranting (excludes rebundling/redrumming/rebagging as per LME rules): US$8/MT or min.US$200/transaction

d) Slot re-scheduling request received before 13:00 hours local business day prior to scheduled collection: US$100 per Transport Unit (Truck, Container, etc.)

e) Slot missed schedule/no show on day of collection: US$200 per Transport Unit (Truck, Container, etc.)


Scheduling and handling process for cargo which are stored under LME conditions: 

= Required documents: Confirmation of warrant cancelation/release, applicable customs documentation, (shipping) instructions and the establishment of a contractual relationship including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery

= Handling: Loading dates/times need to be mutually agreed in advance. In case of FOT deliveries please be guided that truck details such as name of trucking company, license plate of truck and trailer as well as driver’s name need to be given 1 working day in advance once the delivery out date has been mutually agreed.

= Timing of operations: Monday – Friday 09h00 – 16h00, Holidays excluded

= Payment of all outstanding costs and warehouse rental prior to delivery/release.

= Steinweg general terms and conditions to apply.


KAOHSIUNG
Rates

= Current LME warehouse rent per metal and current LME FOT charges as per the table above.

= Additional charges from FOT up to: 

a) Free In Container (FIC): NTD$400/MT  

(Excludes transport, DHC, customs clearance, documentation, bracing, blocking, shipco’s charges and other added services)

b) Free Alongside Ship (delivered from warehouse directly to alongside ship “FAS”): NTD$560/MT at our nominated prier 

(Excludes port wharfage, lashing, securing, dunnages, customs clearance, documentation, shipowner’s charges and other added services)

c) Metal re-warranting (excludes rebundling/redrumming/rebagging as per LME rules): NTD$240/MT or min. NTD$6000/transaction

d) Slot re-scheduling request received before 13:00 hours local business day prior to scheduled collection: US$100  per Transport Unit (Truck, Container, etc.)

e) Slot missed schedule/no show on day of collection: US$200  per Transport Unit (Truck, Container, etc.)


Scheduling and handling process for cargo which are stored under LME conditions: 

= Required documents: Confirmation of warrant cancelation/release, applicable customs documentation, (shipping) instructions and the establishment of a contractual relationship including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery

= Handling: Loading dates/times need to be mutually agreed in advance. In case of FOT deliveries please be guided that truck details such as name of trucking company, license plate of truck and trailer as well as driver’s name need to be given 1 working day in advance once the delivery out date has been mutually agreed.

= Timing of operations: Monday – Friday 09h00 – 16h00, Holidays excluded

= Payment of all outstanding costs and warehouse rental prior to delivery/release.

= Steinweg general terms and conditions to apply.


LEGHORN / LIVORNO PLEASE LOOK UNDER GENOA FOR THE APPLICABLE INFORMATION


PORT KLANG AT WESTPORT TERMINAL
Rates

= Current LME warehouse rent per metal and current LME FOT charges as per the table above.

= Additional charges from FOT up to: 

a) Free In Container (FIC)*: US$10/MT  

    (Excludes transport, DHC, customs clearance, documentation, bracing, blocking, shipco’s charges, other added services)

b) Free Alongside Ship (FAS) (delivered from warehouse directly onto the quay (wharf)*: US$14/MT 

     (Excludes port wharfage, lashing, securing, dunnages, customs clearance, documentation, shipowner’s charges, other added services)

c) Metal re-warranting (excludes rebundling/redrumming/rebagging as per LME rules): US$8/MT or min.US$200/transaction       

d) Slot re-scheduling request received before 13:00 hours local business day prior to scheduled collection: US$100 per Transport Unit (Truck, Container, etc.)

e)  Slot missed schedule/no show on day of collection: US$200 per Transport Unit (Truck, Container, etc.)

* Free In Container (FIC) and Free Alongside Ship (FAS) are applicable for Port Klang Free Zone and Port Klang Westport Terminal only.


Scheduling and handling process for cargo which are stored under LME conditions: 

= Required documents: Confirmation of warrant cancelation/release, applicable customs documentation, (shipping) instructions and the establishment of a contractual relationship including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery

= Handling: Loading dates/times need to be mutually agreed in advance. In case of FOT deliveries please be guided that truck details such as name of trucking company, license plate of truck and trailer as well as driver’s name need to be given 1 working day in advance once the delivery out date has been mutually agreed.

= Timing of operations: Monday – Friday 09h00 – 16h00, Holidays excluded

= Payment of all outstanding costs and warehouse rental prior to delivery/release.

= Steinweg general terms and conditions to apply.


RAVENNA - PLEASE LOOK UNDER GENOA FOR THE APPLICABLE INFORMATION


ROTTERDAM
Rates
= Current LME warehouse rent per metal and current LME FOT charges as per the table above
= Additional charges from FOT up to:
- Free on Rail: EUR 6.00 per tonne excl. lashing and securing
- Free in Container: EUR 6.25 per tonne excl. lashing and securing
- Free on board / break bulk: EUR 9.50 per tonne excl. lashing and securing
- Metal re-warranting - Cobalt: EUR 115 per MT, depending on tonnage and packing to be rewarranted

- Metal re-warranting - RMC: EUR 65 per MT, depending on tonnage to be rewarranted.

- Metal re-warranting - other metals: EUR 4.50 per tonne
- Slot rescheduling at the request of the metal owner: EUR 50.00 per Transport Unit (Truck, Container, etc.).

Scheduling and handling process for cargo which are stored under LME conditions:
= Required documents: Confirmation of warrant cancelation/release, applicable customs documentation, (shipping) instructions and the establishment of a contractual relationship including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery
= Handling: Loading dates/times need to be mutually agreed in advance. In case of FOT deliveries please be guided that truck details (license plate of truck and trailer as well as driver’s name) need to be advised latest 11h00 AM of the previous working day, once the delivery out date has been mutually agreed.
= Timing of operations: Monday – Friday 07h00 – 15h00, Holidays excluded

= Payment of all outstanding costs and warehouse rental prior to delivery/release.

= Steinweg general terms and conditions to apply.


SINGAPORE
Rates

= Current LME warehouse rent per metal and current LME FOT charges as per the table above.

= Additional charges from FOT up to: 

a) Free In Container (FIC): US$15/MT  

(Excludes transport, DHC, customs clearance, documentation, bracing, blocking, shipco’s charges and other added services)

b) Free Alongside Ship (delivered from warehouse directly to alongside ship “FAS”): US$16/MT 

(Excludes port wharfage, lashing, securing, dunnages, customs clearance, documentation, shipowner’s charges and other added services)

c) Metal re-warranting (excludes rebundling/redrumming/rebagging as per LME rules): US$8/MT or min.US$200/transaction

d) Slot re-scheduling request received before 13:00 hours local business day prior to scheduled collection: US$100 per Transport Unit (Truck, Container, etc.)

e) Slot missed schedule/no show on day of collection: US$200 per Transport Unit (Truck, Container, etc.)


Scheduling and handling process for cargo which are stored under LME conditions: 

= Required documents: Confirmation of warrant cancelation/release, applicable customs documentation, (shipping) instructions and the establishment of a contractual relationship 

including acceptance of our local General Terms and Conditions, must all be in place prior to outward delivery

= Handling: Loading dates/times need to be mutually agreed in advance. In case of FOT deliveries please be guided that truck details such as name of trucking company, license plate of truck and trailer as well as driver’s name need to be given 1 working day in advance once the delivery out date has been mutually agreed.

= Timing of operations: Monday – Friday 09h00 – 16h00, Holidays excluded

= Payment of all outstanding costs and warehouse rental prior to delivery/release.

= Steinweg general terms and conditions to apply.


TRIESTE - PLEASE LOOK UNDER GENOA FOR THE APPLICABLE INFORMATION