October 7, 2022

Tycoon faces key vote for plan to tap Vedanta cash reserves

The group’s rapid expansion including acquisitions of metal companies has left it with an $11.7 billion debt load as of March.

October 6, 2022

LME seeks market opinion on possible Russian metal ban

The world's largest and oldest metals exchange highlights three options and requests feedback by market participants by Oct. 28.

October 6, 2022

Zinc and aluminum prices rise as LME bans new metal from Russian firm

Prices climbed after the London Metal Exchange said it will restrict new deliveries from Russia’s Ural Mining & Metallurgical Co.

October 5, 2022

Banning Russian aluminum would create uncertainty about LME’s role – Rusal

Rusal, the world's largest aluminum producer outside China, is expected to account for 6% of global supplies of the metal this year.

October 4, 2022

Alcoa urges LME not to accept Russian metal to avert ‘crisis’

What will happen to Russian metal is one of the hottest topics of debate among traders.

October 4, 2022

Column: London Metal Exchange ducks Russian sanctions pressure

It's clear the LME isn't going to be rushed into any decision on whether to continue accepting Russian metal against its contracts, writes Andy Home.

October 1, 2022

Demand for aluminum slows in another sign of troubled economy

Makers of everything from automobiles to beverage cans to kitchen appliances are holding off booking next year’s aluminum orders.

September 30, 2022

Rusal denies it plans to deliver aluminum into LME warehouses

Some buyers have said they are shunning Rusal's metal, while others are securing price discounts at the same time as the industry negotiates supply deals for 2023.

September 30, 2022

Aluminum price extends gains after record spike on Russia supply fears

Aluminum climbed for a third day following a record 8.5% intraday gain.

September 29, 2022

LME mulling consultation on banning Russian metal

Reuters sources say the exchange was planning to discuss banning new deliveries of Russian metal so its warehouses cannot be used to offload hard-to-sell stock.