TOKYO -- Prices for key industrial metals including palladium, copper and nickel are soaring to record levels as economic sanctions against Russia, a major supplier, threaten to squeeze supply and push manufacturers to seek other options.
Nickel surged over 70% on Monday on the London Metal Exchange, while palladium, used in catalytic converters to scrub auto engine exhaust, hit an all-time high for the first time in 10 months.
