Russian Metals Trading Banned by U.K. and U.S.

GALWAY, IRELAND--April 30, 2024--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The world's largest and oldest forum for trading metals, London Metals Exchange (LME) (London), has banned trading in Russian metal produced on or after April 13 to comply with new U.K. and U.S. sanctions imposed for Russia's invasion of Ukraine.

Within this article: Details imposition of bans by U.K. and U.S. on trading in Russia metals due to its invasion of Ukraine two years ago, impact on market, EU response