Glencore and Trafigura's Sanctions Games Are Draining the LME
(Bloomberg) -- The world’s two biggest metals traders are moving to withdraw large volumes of aluminum from the London Metal Exchange in a complex trade made possible by new UK sanctions on Russian metal, raising questions about unintended consequences from the new rules.Most Read from BloombergTraders Are Cashing Out of Markets En MasseNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemMagnificent Seven Earnings Arrive With Stocks at Critical MomentElon Wants His Money Bac