Summary: Effective February 26, 2026, new LME and EU regulations have officially come into force, restricting the entry of Russian primary aluminum into EU warehouses. This marks the beginning of a phased transition leading to a complete ban by December 31, 2026. While LME officials do not expect immediate supply shocks due to existing low stocks of Russian metal in EU depots, the long-term tightening of “clean” supply may force extruders to diversify their sourcing.

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