The London Metal Exchange (LME) is facing an aluminum liquidity crisis after traders exploited a loophole in new UK sanctions on Russian metal. The sanctions caused a surge in aluminum prices and a drop in available metal on the LME.
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LME
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Western sanctions targeting new supplies of Russian metals have sent shockwaves through global markets, sparking volatility and reigniting debate over the role…
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LME prohibits Russian metal post-US, UK sanctions for Ukraine invasion.