• Storage and Handling Rate Changes for C. Steinweg (Baltimore), Inc.

      • From
      • Registrar's Office
      • #
      • MKR11-01-17B
      • Notice Date
      • 01 November 2017
      • Effective Date
      • 01 February 2018
    • DATE:            November 1, 2017

      MKR#:           11-1-17B

      SUBJECT:     Storage and Handling Rate Changes for C. Steinweg (Baltimore), Inc.

       

      C. Steinweg (Baltimore), Inc., a COMEX Warehouse for the storage and delivery of aluminum, copper, and zinc deliverable against the Exchange’s Aluminum, Copper, and Zinc futures contracts, will implement new rates in connection with the storage and withdrawal of aluminum, copper, and zinc at its facility located in Baltimore, MD. The new rates, presented below, reflect the maximum amount of fees that can be charged.

      In accordance with Exchange rules, the new rate schedule will become effective on February 1, 2018.

      New Storage Rates

       RATES AND CHARGES FOR ALUMINUM

      Storage – Indoor per metric ton per month

      $13.65

      Storage – Outdoor per metric ton per month

      $7.05

      Outbound Handling to truck per metric ton (FOT)

      $41.25

      Outbound Handling to rail per metric ton (FOR)

      $49.50

      Weighing Charge per metric ton

      $8.15

      Facility Receipt (Issue)

      $80.00

      Facility Receipt (Replacement)

      $80.00

      Bill of Lading

      $20.00

      Blocking and Bracing per metric ton (truck and rail)

      $4.10

      Additional Labor per man hour

      $80.00

      Note 1: Inbound handling from truck, container, railcar or vessel to be billed to cargo interest separately

       

      Note 2: Maximum Charge(s) not applicable. All charges rendered pro-rata per unit of charge within 'Type of Charge' described above

       

      New Storage Rates

      RATES AND CHARGES FOR COPPER

      Storage – Indoor per short ton per month

      $10.90

      Minimum Storage Charge for less than one lot

      $110.00

      Outbound Handling to truck per short ton (FOT)

      $36.00

      Outbound Handling to rail per short ton (FOR)

      $40.00

      Weighing Charge per short ton

      $5.00

      Facility Receipt (Issue)

      $80.00

      Facility Receipt (Replacement)

      $80.00

      Bill of Lading

      $20.00

      Blocking and Bracing per short ton truck

      $3.90

      Blocking and Bracing per short ton rail

      $5.60

      Additional Labor per man hour

      $80.00

      Note 1: Inbound handling from truck, container, railcar or vessel to be billed to cargo interest separately

       

      Note 2: Maximum Charge(s) not applicable. All charges rendered pro-rata per unit of charge within 'Type of Charge' described above

       

       

      New Storage Rates

       RATES AND CHARGES FOR LEAD AND ZINC

      Storage – Indoor per metric ton per month

      $13.65

      Outbound Handling to truck per metric ton (FOT)

      $41.25

      Outbound Handling to rail per metric ton (FOR)

      $49.50

      Weighing Charge per metric ton

      $8.15

      Facility Receipt (Issue)

      $80.00

      Facility Receipt (Replacement)

      $80.00

      Bill of Lading

      $20.00

      Blocking and Bracing per metric ton (truck and rail)

      $4.10

      Additional Labor per man hour

      $80.00

      Note 1: Inbound handling from truck, container, railcar or vessel to be billed to cargo interest separately

       

      Note 2: Maximum Charge(s) not applicable. All charges rendered pro-rata per unit of charge within 'Type of Charge' described above

       

      The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of February 5, 2018 via the weekly notification procedures set out in Part 40 of the CFTC RegulationsPlease refer questions on this subject to:

      Market Surveillance

      Terry Gehring                            Terry.Gehring@cmegroup.com                           (312) 435-3644