Editor
Glencore and other global trading groups have stopped supplying Chinese metals merchant Huludao Ruisheng after $500mn worth of copper went missing in a scandal that threatens to squeeze commodity financing in the country.
Glencore and Geneva-based IXM have stopped supplying the Hebei-based group, according to people familiar with the matter. Glencore had also transferred some of its existing metal stocks from the port city of…
