UC Rusal criticize aluminum price on London Metal Exchange
Edited by Rhod Mackenzie / 2015-04-28 06:28:39
The Russian company UC Rusal has criticized the price of aluminum on the London Metal Exchange and stated that LME allowed financial speculators to distort the prices, writes The Financial Times.
"The price on the LME doesn’t reflect the real balance of supply and demand," - the newspaper quotes general director of UC Rusal Vladislav Soloviev. The top manager called up the London Metal Exchange to increase transparency and provide additional information on market activity.
