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UNRIF - Russia Sends In The Troops Impacting Metals Markets
United RUSAL
Prices of key metals have surged in recent weeks, turbo-charged above previous gains earned on the back of power shortages, energy costs and Chinese environmental restrictions.
Aluminium and nickel prices in particular, have reached multi-year highs on fears sanctions will result in a breakdown in supply from Russia.
Metal buying organizations should brace for considerable volatility.