Russia's Rusal: 2023 sales pick up after LME decision

Russian aluminium producer Rusal said on Saturday that its sales for 2023 have picked up after the London Metal Exchange (LME) decided not to ban Russian metal from being traded and stored in its system.

The exchange, the world's oldest and largest market for industrial metals, launched a discussion paper on the subject in October and then said on November 11 it had decided against banning Russian metal as a significant portion of the market was still planning to buy it.