[jbert]

> Because the "metal must be moved" number is way too low.

I can see that the regulation might be ineffective because of that.

But I don't see how anyone could claim such a regulation makes it more profitable to make late shipments.

[msandford]

Currently the way the regs stand, people have to keep paying rent until the metal leaves the warehouse. So if the owner/manager of the warehouse drags its feet on every shipment and every shipment takes an extra week, that's a lot of rent.

One of the proposed solutions is that the warehouse isn't allowed to charge rent once the order to distribute the metal has been made, but that's not in the regs yet. It's merely propsed. Right now they do charge and as such have every incentive to delay as long as possible.