Middle East War Pressures Copper, Exposes Nickel Risk

Markit3.71K FollowersFollow5ShareSaveCommentsSummaryThe Middle East war has had a limited direct impact on global copper supply, with high inventories and a strong US dollar weighing on prices.Nickel supply chains are more exposed, as HPAL operations depend on sulfur-based inputs that transit through the Strait of Hormuz.Prolonged disruption could increase price volatility for battery‑grade nickel chemicals, driven by higher sulfur and processing costs rather than ore shortages. Ekaterina Nazarova/iStock via Getty Images Executive summary The war in the Middle East has disrupted energy and maritime trade routes, with the closure of the Strait of Hormuz increasing risks and costs across global commodities markets. For copper, the immediate impact hasThis article was written byMarkit3.71K FollowersFollowIHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.