or
Remember me
Back
The London Metal Exchange (LME) has banned Russian nickel from its two approved warehouses in the UK exported on or after July 20.
The decision follows an April 1 resolution that blocked other Russian metals, including copper, lead, primary aluminum and aluminum alloy from British warehouses.
The exchange said there was currently no Russian nickel stored in approved British warehouses, located in Hull and Liverpool.
The LME noted, however, that anyone receiving Russian nickel from the UK risks being hit with very high additional costs.
Receive investor kits and email updates from Stockhouse and directly from these companies.