It’s official, the hottest party in the metals world is canceled

The London Metal Exchange (LME) has pulled the plug on the biggest annual gathering in the metals market, canceling all its own events during October’s LME Week because of coronavirus concerns. From its origins as an annual gathering organized by the LME’s golf association, the week-long roster of conferences and cocktail parties has for years marked the traditional start of annual supply negotiations in the metals markets. The LME Dinner attracts more than 1 000 guests, and thousands more descend on London for meetings and side events organized by brokers, banks and trading houses.