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