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

      • From
      • Registrar's Office
      • #
      • MKR09-28-23
      • Notice Date
      • 28 September 2023
      • Effective Date
      • 01 January 2024
    • DATE:            September 28, 2023

      MKR#:           09-28-23

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

       

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

      In accordance with Exchange rules, the new rate schedules will become effective on January 1, 2024.

       

      New Storage Rates

      RATES AND CHARGES FOR COPPER AT BALTIMORE, MARYLAND

      Monthly indoor storage charge per short ton

      $14.00

      Minimum storage charge per month for less than one lot (partial lots)

      $115.00

      Inbound handling per short ton (truck & rail)

      N/A

       

      Outbound handling to truck per short ton

      $43.00

      Blocking and bracing per short ton (truck)

      $6.00

      Outbound handling to rail car per short ton

      $48.00

      Blocking and bracing per short ton (rail car)

      $6.00

      Outbound handling to container per short ton

      $48.00

      Blocking and bracing per short ton (container)

      $8.00

      Outbound handling to flatbed per short ton

      $43.00

      Blocking and bracing per short ton (flatbed)

      N/A

      Weighing charges per short ton

      $7.85

      Facility receipt (issue & replacement)

      $85.00

      Bill of lading

      $25.00

      Additional labor per man hour

      $90.00

      Restocking fee per short ton for cancelled/changed orders

      $6.00

      Cancellation charge per shipment cancelled

      $150.00

       

      RATES AND CHARGES FOR LEAD AT BALTIMORE, MARYLAND

      Monthly storage charge per metric ton

      $15.50

      Minimum storage charge per month for less than one lot (partial lots)

      $115.00

      Inbound handling per metric ton (truck & rail)

      N/A

       

      Outbound handling to truck per metric ton

      $47.50

      Blocking and bracing per metric ton (truck)

      $7.25

      Outbound handling to rail car per metric ton

      $50.00

      Blocking and bracing per metric ton (rail car)

      $7.25

      Outbound handling to container per metric ton

      $47.50

      Blocking and bracing per metric ton (container)

      $12.00

      Outbound handling to flatbed per metric ton

      $47.50

      Blocking and bracing per metric ton (flatbed)

      N/A

      Weighing charges per metric ton

      $8.65

      Facility receipt (issue & replacement)

      $85.00

      Bill of lading

      $25.00

      Additional labor per man hour

      $90.00

      Restocking fee per metric ton for cancelled/changed orders

      $6.00

      Cancellation charge per shipment cancelled

      $150.00

       

      RATES AND CHARGES FOR ZINC AT BALTIMORE, MARYLAND

      Monthly storage charge per metric ton

      $15.00

      Minimum storage charge per month for less than one lot (partial lots)

      $115.00

      Inbound handling per metric ton (truck & rail)

      N/A

       

      Outbound handling to truck per metric ton

      $45.00

      Blocking and bracing per metric ton (truck)

      $7.25

      Outbound handling to rail car per metric ton

      $50.00

      Blocking and bracing per metric ton (rail car)

      $7.25

      Outbound handling to container per metric ton

      $47.50

      Blocking and bracing per metric ton (container)

      $12.00

      Outbound handling to flatbed per metric ton

      $47.50

      Blocking and bracing per metric ton (flatbed)

      N/A

      Weighing charges per metric ton

      $8.65

      Facility receipt (issue & replacement)

      $85.00

      Bill of lading

      $25.00

      Additional labor per man hour

      $90.00

      Restocking fee per metric ton for cancelled/changed orders

      $8.50

      Cancellation charge per shipment cancelled

      $150.00

       

      Please refer questions of this subject to:

      Market Surveillance

      Kyle Miller                                 Kyle.Miller@cmegroup.com                               (312) 341-3436

       

      The Commodity Futures Trading Commission (CFTC) will be notified of the rate changes during the week of January 8, 2024 via the weekly notification procedures set out in Part 40 of the CFTC Regulations.