LME says it has no current plans to ban Russian metal from its...

LME says it has no current plans to ban Russian metal from its system
By Zandi Shabalala
and Pratima Desai

From above article updated 5 hours ago

"In response to a request for comment, the LME said it "does not currently plan to take independent action outside of the scope of sanctions – for example, by placing restrictions on the circulation of metal produced in Russia within the LME system".

"Our priority is to maintain an orderly market for the benefit of all market participants, and we will, therefore, keep this decision under constant review and ensure we maintain a dialogue with governments as the situation evolves."
According to three sources, the LME's Copper Committee - which largely comprises producers, consumers and brokers - last week voted for the exchange to ban new deliveries of Russian copper into the LME system."

https://www.reuters.com/business/lm...lans-ban-russian-metal-its-system-2022-03-22/