LONDON, Feb 9 (Reuters) - The London Metal Exchange
(LME) on Thursday noted an expected rise in the share of Russian
metal in the stocks in its warehouses, making up 42% of total
stocks at 152,841 tonnes but remaining off historical highs.
"Furthermore, the LME’s conclusion (based on market
feedback) that Russian metal continues to be consumed is
supported by data on the outflow of Russian metal from LME
warehouses," it said.
(Reporting by Pratima Desai in London and Deep Vakil in
Bengaluru;)
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