Big newcomers force metal warehousers to adapt or quit
Old-style warehouse firms are coming to accept that big traders and banks, muscling in on storage of metals like aluminium, may have changed it forever into a financial business from a service to manufacturers.
Some say they may have to either quit the fight or adopt the newcomers’ tactics, which include making rental profits by letting long queues for metal grow at some warehouses, rather than produce it from storage promptly when buyers need it.
via Business feed http://www.scmp.com/business/commodities/article/1130049/big-newcomers-force-metal-warehousers-adapt-or-quit