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Russian Aluminium Dominates LME Warehouses as Indian Stocks Decline

LONDON, August 12, 2024 – The share of Russian aluminium in the London Metal Exchange (LME) warehouses surged to 65% in July, up from 50% in June, according to recent LME data. This rise coincides with a drop in Indian aluminium, which now accounts for 33% of the total, down from 40% in the previous month.
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