Rising Energy Costs Could Push Metal Prices Even Higher

Recently, Russian President Vladimir Putin made some tough talk about forcing “unfriendly countries” to pay for Russian gas in rubles, leading us to wonder how that might impact aluminum prices and steel prices. There are fears that Russia’s economic isolation will begin to affect aluminum prices or steel prices. Those impacts would further burden manufacturers still trying to catch up from the pandemic. As condemnation over the invasion of Ukraine continues to grow, experts feel Putin may be looking for ways to prop up his country’s…