Metals prices will rise short-term, but there is a limit No Russian nickel, aluminium and copper produced from 13 April onwards will be eligible for delivery to the LME or the Chicago Mercantile Exchange (CME). The US is also banning Russian imports of all three metals. Russia accounts for about 6%...
https://www.hellenicshippingnews.com/what-new-metal-sanctions-on-russia-mean-for-global-trade/