Russian share of LME stocks up to 48%; exchange to continue monitoring Russian metal

Following significant cancellations of warrants in London Metal Exchange warehouses, LME data published on Monday June 12 shows the share of Russian-origin material has risen, particularly in aluminium.

Alongside the usual origin-stock data release, the LME provided a further breakdown for aluminium, “given the increase in Russian-origin primary aluminium live on-warrant stocks.”

According to the breakdown, of the...


Alice Mason

Callum Perry

Albert Mackenzie

Josh Fulton

June 12, 2023

14:59 GMT