LME suspends putting Rusal metal on-warrant

The London Metal Exchange has introduced a "temporary conditional suspension" on placing Rusal metal on-warrant, effective from April 17, it said on Tuesday April 10.

This follows the announcement on Friday April 6 that the United States has sanctioned and frozen the assets of Oleg Deripaska and UC Rusal.

In a notice released to LME members today, the exchange stated that the suspension is in place unless “the metal...

Published

Alice Mason

April 10, 2018

17:42 GMT

London