Metal Bulletin Likely to Introduce Auditing of Pricing

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Metal Bulletin Ltd., which has published metals prices for 100 years, is considering hiring an outside auditor amid heightened scrutiny of pricing mechanisms.

It’s “more than likely” Metal Bulletin will make such a move, Managing Director Raju Daswani said today. The auditing would cover its iron-ore and U.S. ferrous scrap indexes as well as hundreds of other prices published by the company, he said in a telephone interview from London.