Base metals set for best-ever week as war stokes shortage fears

The world’s most important metals are heading for the biggest weekly gains on record as Russia’s invasion of Ukraine sparks a clamber for supplies.
 
Commodities markets from metals to oil and gas have been upended by the war in Ukraine as big corporates withdraw from Russia, lenders pull back from financing deals and the threats of new sanctions deter buyers.
 
A Bloomberg gauge of industrial metals has surged 11 per cent this week, on course for the biggest-ever rise. Aluminum hit a fresh record on Friday, nickel surged as much as much as 7.8 per cent to a