LME stands for London Metal Exchange. LME( London Metal Exchange) is a financial market where the trading and pricing of the world’s most important metals (such as copper, aluminum, zinc, nickel, tin, and lead) take place.

Established in 1877, the LME facilitates trading of metal commodities and metal-related contracts. Its headquarters are located in London.

Industrial metal selling prices in both the world and our country are determined daily by adding a “premium” to the prices set on the London Metal Exchange (LME).