Russian aluminium stocks at LME grow, boosting demand for Indian alternative | Reuters

The world's oldest exchange and largest market for industrial metals has not banned Russian metals from being traded and stored in its system since Moscow invaded Ukraine, as there are no Western sanctions on Russian base metals.

Large amounts of Russian aluminium in LME warehouses is a concern for the industry because it could distort pricing on the exchange used as a benchmark for contracts between producers, consumers and traders.

Publisher: Reuters

Date: 2023-06-12T15:06:21Z

Author: Reuters

Twitter: @Reuters

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