The London Metal Exchange has confirmed that its "temporary conditional suspension" of Rusal-warranted metal will remain in place, Metal Bulletin has learned.
The LME first announced the suspension on April 10 following the US' decision to sanction Oleg Deripaska and UC Rusal. The bourse specified that Rusal-warranted metal will remain under suspension unless deemed acceptable, highlighting that pre-April 6 Rusal material would not constitute a breach...