Local 12: Russian invasion drives up metal prices
UC supply chain expert says Russia is a major supplier of nickel
Restaurants and breweries anticipate they’ll soon have to raise prices as Russia’s invasion of Ukraine is driving up the price of metals, Local 12 reported.
Nickel is a key ingredient in the production of stainless steel, which is used in a wide range of items including kitchen sinks, cutlery, cookware, brewing equipment, kegs and more.
Russia is a leading producer of nickel, and supply chains from the country have been disrupted as a result of Russia’s attack on Ukraine.
“In terms of metal prices, nickel is up 30% this year. Russia is the largest producer, producing roughly 10% of the world’s supply of nickel, and nickel is a key ingredient in stainless steel,” said Chuck Sox, associate dean at the University of Cincinnati's Carl H. Lindner College of Business.
Featured image: UC supply chain expert Chuck Sox. Screenshot courtesy of Local 12 video.
Related Stories
Love it or raze it?
February 20, 2026
An architectural magazine covered the demolition of UC's Crosley Tower.
Social media linked to student loneliness
February 20, 2026
Inside Higher Education highlighted a new study by the University of Cincinnati that found that college students across the country who spent more time on social media reported feeling more loneliness.
Before the medals: The science behind training for freezing mountain air
February 19, 2026
From freezing temperatures to thin mountain air, University of Cincinnati exercise physiologist Christopher Kotarsky, PhD, explained how cold and altitude impact Olympic performance in a recent WLWT-TV/Ch. 5 news report.