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Bonded warehouses are empty, not only in Southern Europe12 January 2023 – Many bonded warehouses, especially those for steel and stainless steel, are currently empty, according to sources. A good sign? The LME has to make improvements in many places after an independent report on the chaos from March 2022, while at the same time regulators continue to block Asian trading hours. And molybdenum remains very scarce and prices high. Source