London exchange suspends Russian metals ...News

Economy by : (Russia Today) -
Aluminum, copper, and lead are subject to suspension The London Metal Exchange (LME) has suspended deliveries of some Russian metals to its warehouses amid a recent import duty hike. The move was announced by the exchange earlier on Friday. “Following the announcement by the UK of an additional 35% duty on imports of Russian copper, lead, primary aluminum and aluminum alloys, this notice announces the immediate suspension of the placement of [these metals] … at warehouses registered with the LME in the UK,” the exchange stated. Meanwhile, if the warehouse can prove that the date of export from Russia was before Ma

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