UKRAINE AND RUSSIA CAN SECTOR FACES MAJOR DISRUPTION THROUGH RUSSIAN INVASION
March 2nd, 2022
The Russian government’s bloody and destructive invasion of Ukraine has harmed operations of the metal packaging sector and their aluminium and steel suppliers in both Ukraine and Russia, having an international impact on the can manufacturing and filling industry. New records are being set for the international price of aluminium, up 28% in 2022, reaching USD3,849 per tonne (1) on March 4, then settling back to USD3,398, approximately level with the price following a spike that occurred on February 24, right after the invasion began.
Also, existing ...
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