Trading metals is still a mess. It's not just about nickel
CNN
Almost two months after Russia's invasion of Ukraine, the global metals trade remains in turmoil.
What's happening: The scarcity of commodities like copper, nickel and zinc — hastened by punitive sanctions on Russia and high energy prices — has broken down a century-old system, costing financial giants hundreds of millions of dollars and leaving entire industries with no accurate way to determine fair prices.
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