New sanctions banned British companies from trading most Russian metals. Their prices have skyrocketed
Britain imposed sanctions on Thursday that ban British citizens and companies from trading a wide range of Russian metals. In addition, London introduced a ban on the import of diamonds from Russia. Details. A document published by the UK government states that UK citizens and companies "should not directly or indirectly purchase metals produced in or located in Russia." The document lists the metals that are subject to sanctions: copper, nickel, aluminum, lead, zinc, tin and cobalt.