Commodities Briefing: Geopolitical Turmoil and the Steel and Metals Supply Chain
A chaotic supply chain, rising prices, increasing demand, and lingering tariffs already had created an unpredictable market for breakbulk steel and metals. Now, the Russian attack on Ukraine and the accompanying sanctions are combining with these forces to create record uncertainty in commodity supply chains. What does the near term hold for carriers, importers, and other shippers of these breakbulk goods? What sourcing and shipping strategies will best serve commodity importers now? Anton Posner, CEO of Mercury Resources, a frequent commenter in national business media — including Bloomberg Television — and a deeply experienced analyst of global commodities logistics, will lend his insight into these issues and more. His company, Mercury Resources, specializes in the global metals, steel, and industrial commodity markets.