Last month saw the highest decline of Russian aluminium stocks in LME-registered warehouses since the beginning of this year due to a significant cancellation of warrants in LME warehouses in South Korea's Gwangyang at the end of the said month.
The high share of Russian aluminium in LME warehouses was a concern for many companies competing with Rusal and those avoiding Russian metal since the conflict with Ukraine.
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
