Aluminum rallied to a record in London and nickel surged to the highest in more than a decade, pacing gains in industrial metals markets, as the deepening Ukraine crisis added to supply risks in an industry already facing critical shortages.
Aluminum rallied to a record in London and nickel surged to the highest in more than a decade, pacing gains in industrial metals markets, as the deepening Ukraine crisis added to supply risks in an industry already facing critical shortages.
If Russia’s invasion of Ukraine was bad for the auto industry, that conflict might seem like a speed bump compared with the chaos unleashed by a Chinese invasion of Taiwan.