Stainless Steel and Aluminum Prices Were Spiking Again Even Before Russia Invaded Ukraine

Prices for two key metals used in foodservice equipment and supplies are back on the rise, after pausing for a few months. Even before Russia, which supplies about 7% of the world’s nickel, invaded Ukraine and was hit with rash of global economic sanctions, global stainless prices had risen 7.5% from mid-January to mid-February, according to…