London Metal Exchange halts flow of Russian metals into USA warehouses

The London Metal Exchange (LME) has suspended the inflow of Russian base metals into its U.S. warehouses prior to the planned imposition of tariffs on Russian metal by the United States. Aluminum will be the hardest hit with the USA slapping penal tariffs of 200% on imports of Russian metal, effective before March 11, 2023. Import tariffs … Continue reading London Metal Exchange halts flow of Russian metals into USA warehouses