A number of metals tied to Russia tumbled Monday after the U.S. Treasury softened its stance regarding sanctions against United Co. Rusal, the world’s second-largest aluminum producer. Aluminum for delivery in three months on the London Metal Exchange plummeted 7% to $2,295.00 a metric ton, its largest one-day drop in eight years, while nickel shed 3.8%. The most-actively traded palladium futures in New York dropped 4.9%.

Source: Wall Street Journal April 23, 2018 14:11 UTC