April 6, 2018 / 4:13 PM / a year ago

LME plans no immediate changes to listing Rusal aluminium

LONDON, April 6 (Reuters) - The London Metal Exchange (LME) does not plan any immediate changes to listing Rusal’s brand of aluminium after the United States imposed sanctions on the Russian company, it said on Friday.

“It is for individual stakeholders on the LME to determine if particular brands are acceptable for their use given their legal or regulatory framework,” the exchange said in an emailed response to an enquiry.

The LME, the world’s oldest and largest market for industrial metals, said it would continue to monitor the situation. The exchange is owned by Hong Kong Exchanges and Clearing Ltd. (Reporting by Eric Onstad; Editing by Susan Fenton)

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