Russia-origin metal below 50% of LME stocks for first time since May

The global total of inventories in London Metal Exchange-registered warehouses rose by almost 6% in August, but the percentage of Russia-origin materials fell significantly, according to data released by the exchange on Monday September 11.

The share of Russian metal declined in August to 40% of total open tonnages. This was down from 51% in July and fell below 50% for the first time since...


Albert Mackenzie

Josh Fulton

September 11, 2023

16:25 GMT