RE:RE:RE:RE:RE:RE:RE:RE:SCN BondsIf it isn't now, it will be soon. And the Western/Democratic/Woke Commercial buyers will not be buying, regardless. Heck, BMW won't even buy S's Ni because it is originated in Cuba. Political suicide for a manufacturer to be seen as buying Ni from a Russian provider, and this won't stop any time soon, in fact, it will likely become more broadly based.
Corp Examples per the WSJ 3/6/22:
Among the companies looking for alternative supplies of nickel is Outokumpu Oyj, one of the world’s largest stainless steel manufacturers. The Finnish company said around 6% to 7% of its nickel comes from Nornickel, with the rest coming from recycled steel. “Given the situation in Ukraine, we are looking for alternatives for Russian supply for nickel,” a spokeswoman said.
Germany’s BASF SE, meanwhile, said it would fulfill existing contracts with Nornickel but not pursue any new business with the Russian company. The chemicals giant described Nornickel as an important supplier of nickel and cobalt for its production of cathode materials as well as a source of palladium and platinum.