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MOSCOW, April 13 A ban on imports into the US of aluminum, copper and nickel of Russian origin will have minimal impact on domestic producers, the chief strategist of the investment company shared his opinion Vector X» Maxim Khudalov.
Earlier, the US Ministry of Finance announced that the US authorities are introducing a ban on the import of aluminum, copper and nickel of Russian origin into the country, which will lead to limiting the use of metals from Russia on world exchanges. According to a statement by the British government, Great Britain has also joined the US restrictive sanctions. 
“The decline in production volumes will be minimal and is due to the fact that the business will finally rebuild its supplies,” the agency’s interlocutor commented on these decisions.
The expert noted that from mid-2022, copper has moved from the London exchange to the Shanghai exchange, and for nickel and aluminum companies will go through an adaptation period. However, high-quality nickel, which is used for alloys and for the production of stainless steel for the chemical and nuclear industries, is still in short supply and is produced by such large players as Norilsk Nickel, so many foreign companies will be forced to continue working with it.
«This can be done completely freely through traders, and, accordingly, quotes will simply be used not on the London exchange, but on the Shanghai one. The Chicago exchange has never had significant volumes of supplies of Russian metals, so its ban is such a sign solidarity from our American colleagues who supported the decision of the London Stock Exchange,” concluded Khudalov.
According to a statement by the US Ministry of Finance, sanctions against the import of Russian metal products to the United States do not apply to supplies that were made before April 13 of this year.