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
UC doctoral student shares his journey with Spectrum News
July 27, 2026
UC doctoral student Amota Ataneka spoke with Spectrum News about his educational journey. Ataneka, a native of the Pacific island nation of Kiribati, is one of 35 emerging scholars across the United States to win the National Academy of Education/Spencer Dissertation Fellowship.
How scammers can persuade you with AI
July 27, 2026
Spectrum News recently dove into how cloning voices with artificial intelligence is making it easier to scam people over the phone. The news outlet spoke with Kimberly Hyun, assistant professor of marketing at UC’s Lindner College of Business, to examine why AI is making it so much easier to trick people.
The subtle changes in hearing you should never ignore
July 24, 2026
It’s easy to dismiss changes in hearing as minor. But as The Washington Post recently reported, these symptoms could also signal a medical emergency that many people don’t recognize — known as sudden sensorineural hearing loss, a rapid decline in hearing that occurs suddenly or over a few days.