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LME will not ban Russian metal from its system

Credit: REUTERS/SIMON DAWSON

November 11, 2022 — 02:07 pm EST

Written by Reuters ->

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LONDON, Nov 11 (Reuters) - The London Metal Exchange (LME) will not ban Russian metal from being traded and stored in its system, the exchange said on Friday in a release.

The exchange, the world's oldest and largest market for industrial metals, launched a discussion paper on the subject in October, asking for market opinion.

(Reporting by Pratima Desai;)

((pratima.desai@thomsonreuters.com; +44 207 513 5681;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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