⚡️London Metal Exchange suspends Russian lead, aluminium and copper - Inside Russia Report

"As a result of the UK government’s decision to place 35% additional duties on imports of Russian copper, lead, primary aluminium and aluminium alloy, we have announced an immediate suspension ... on placing Russian brands on warrant in LME-listed UK warehouses unless exported from Russia prior to 25 March 2022.

While we do not currently have any Russian metal on warrant in LME-listed UK warehouses, the additional duties would mean that any Russian metal delivered into LME-listed UK warehouses could not then be removed from warrant and imported into the UK or shipped elsewhere without significant additional cost, which could introduce significant risk of price dislocation and disorderly market conditions. " - https://www.lme.com/en/company/legal/russian-sanctions
notice 22/097: https://www.lme.com/-/media/Files/News/Notices/2022/04/Warehousing-22-097-WARRANTING-OF-RUSSIAN-LEAD-ALUMINIUM-AND-COPPER-BRANDS-IN-UK-WAREHOUSES.pdf

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