London exchange further restricts Russian metals ...News

Supplies of copper and zinc are subject to suspension The London Metal Exchange (LME) has limited new deliveries of Russian zinc and copper to its warehouses as part of the sanctions imposed on Moscow by the UK government last month. The move was announced by the exchange on Wednesday. According to a statement, the new restrictions target metal produced by Russia’s Ural Mining and Metallurgical Company (UMMC), and its subsidiary Chelyabinsk Zinc Plant (Chelyabinsk). “In order for a metal owner to place onto warrant any metal produced by an Affected Brand, the metal owner must provide evidence to the LME that, as o

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