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Stainless Steel and Aluminum Prices Were Spiking Again Even Before Russia Invaded Ukraine

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Prices for two key metals used in foodservice equipment and supplies are back on the rise, after pausing for a few months. Even before Russia, which supplies about 7% of the world’s nickel, invaded Ukraine and was hit with rash of global economic sanctions, global stainless prices had risen 7.5% from mid-January to mid-February, according to…

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