EXCLUSIVE: Logjams at Malaysian warehouses exacerbate aluminium shortages


LONDON (Reuters) - Bottlenecks at London Metal Exchange registered warehouses in Malaysia owned by metals storage firm ISTIM UK are adding to the difficulties aluminium consumers in the United States and Europe face in getting the metal they need.

Strong demand and tight supplies of aluminium have sent physical market prices in the United States to record highs, while in Europe prices are near their highest since Washington imposed sanctions on Russia's Rusal in 2018.

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Aluminium , LME , metal , ISTIM UK

   

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