Overseas
February 28, 2022
CRU: Sanctions Escalate on Russian Interests
Written by CRU Americas
By CRU Multi Commodity Analyst Alex Christopher and Research Analyst James Mills, from CRU’s Steel Sheet Products Monitor, March 3
The sanctions imposed on Russia over its invasion of Ukraine will have direct and indirect implications for commodity markets, and their impact will be felt by everyone involved along the length of commodity value chains. Commodity prices have rallied in response despite Russian producers not being specifically targeted. We identify five strands to the sanctions and identify how commodity markets will be affected.
