The London Stock Exchange sent copper and aluminum from Russia to the “ban” / photo REUTERS
London exchange metals has ceased to place Russian metals in its warehouses in the UK. We are talking about aluminum from Rusal and copper from Norilsk Nickel.
This was reported by the press service of the London Metal Exchange (LME).
It is noted that the UK has imposed additional duties on the import of Russian copper, lead, primary aluminum and aluminum alloy in the amount of 35%.
At the same time, it is indicated that the decision does not apply to metals that were taken out of Russia before March 25.
As UNIAN previously reported, February 24 Russia launches full-scale invasion of Ukraine. In this regard, the European Union and the United States imposed sanctions on Russian oligarchs and companies associated with the defense sector of the Russian Federation.
March 21 for the first time since February 28 opened trading on the Russian stock market. The price index of federal loan bonds has updated a minimum since December 2014, falling to 98.21 points (9.4%). At the same time, the ruble fell to 105.78 per dollar and 115.8 per euro.
The very next day – March 22 – the world’s largest cryptocurrency exchange Binance Removes P2P Transactions for a number of Russian banks and payment systems. The decision affected such Russian financial giants as Sberbank, Gazprombank, Alfa Bank, VTB and others.
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