Iron ore majors ramp up supply even as China faces challenges
Iron ore is one of the year’s worst performing major commodities, slumping by almost a quarter as China’s property crisis drags on.
LONDON, Nov 23 (Reuters) – Australia and New Zealand Banking Group Ltd (ANZ) has resigned its membership of the London Metal Exchange, the LME said on Thursday.
ANZ was a category 4 member of the exchange. The LME said in a notice to users the resignation would be effective at the close of business on Nov. 24.
(Reporting by Peter Hobson; Editing by David Evans).