14
Apr
20:18
LME, CME banned from trading Russian nickel
The London Metal Exchange (LME) and the Chicago Mercantile Exchange (CME) can no longer trade Russian nickel, copper and aluminium, Kallanish reports.
After market close on Friday, the UK and US treasury departments announced further measures to reduce Russian revenue from metals effective on 13 April. The coordinated action builds on the ban of metal imports targeting $40 billion of Russian exports of nickel, copper and aluminium.
The UK had already sanctioned…
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Anonymous
Very good overview of the weekly steel market.
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