RUSAL, a global leading aluminum supplier in Russia, said its sales for 2023 have rebounded after the London Metal Exchange (LME) decided not to impose a ban on the trading and storage of Russian metals in its system.
It was understood that RUSAL had already sold more than 76% of its 2023 primary aluminum and value-added production, exceeding the company’s initial forecasts.
In October, the LME issued a discussion paper on a potential ban on new Russian metals and subsequently announced on November 11 that it had decided not to impose a ban on Russian metals as a considerable number of buyers in the market were still planning to buy metals from Russia.
RUSAL’s 2023 sales rebound after LME decides not to ban Russian metals
21 Nov 2022 13:52 reported by Joy Liu
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