b'MARCH 14 - APRIL 3, 2022BREAKBULK QUARTERLY 19(METALScontinued fromjumpedasRussianforces page 16) invaded Ukraine. producers are located on bothWorries about aluminum sides of the Russo-UkrainiansuppliesfromRussiapro-border.RussiasVSMPO- pelledpricesofthatmetal Avismaistheworldslarg- by over 23% in February to estproduceroftitaniumrecordhighs.TheRussian sponge,aproductrefinedcompanyRusal,theworlds fromtitaniumore,whichislargestaluminumproducer usedheavilyinaerospaceoutsideofChina,produced andelectronics.Airbusand3.8 million ton of aluminum Boeingarebothreportedlyin 2021, about 6% of world reliant on VSMPO.production.Ukraine was a major sup- Regardlessoftheout-plier to VSMPO of ilmenite,comeoftheRusso-Ukrai-a titanium ore, until Presidentnianwar,theimplications Volodymyr Zelensky bannedforregionalmetalssupply itsexporttoRussiaasitschainswillbesevere.Fail-military forces massed alongingtowinaswiftvictory, Ukrainesborderbeforethethanks to impressive Ukrai-invasion.VSMPOisnownianresistanceandtheir reportedlyscouringworldownincompetence,Russian markets for titanium scrap.forcesturnedtoinflicting Russiaproduces7%ofsignificant physical and eco-the global total of nickel, andnomic damage to Ukrainian Federal Marine Terminals handled the tunnel boring machines delivered to the Port of Hamilton. exportshigh-gradenickeltocities and infrastructure with Europe and China for use inrocket fire. Regardless of the Hamilton/Oshawa welcome boring machineselectricvehicles.Tightsup- wars duration, its apparent plies of nickel were seen eventhat the western sanctions on for big subway projects beforetheRussia-UkraineRussia will remain in place crisishit,asChinarampedfor some time.A trio of tunnel boring machines (TBMs) All manufactured by Herrenknecht in Ger- up EV and stainless steel pro- Thatmeans,accordingto recentlyarrivedbyoceancarriersinOntar- many, the larger Scarborough Subway Extensionduction.NickelcontractsonDescartesWood,thatthe iosGreaterGoldenHorseshoe,destinedforTBM was delivered to the Port of Oshawa, andtheLondonMetalExchangecompliance burdens of com-Metrolinxs Eglinton Crosstown West Exten- the other two for the Eglinton Crosstown Westjumpedover25%sincethepaniesdoingbusinessin sion and Scarborough Subway Extension proj- Extension project were delivered to the Port ofRussia-Ukrainecrisisinten- thatpartoftheworldwill ects. Following a two-week journey across theHamilton from the Federal Delta vessel and weresified,overfearsofsupplyonlyincrease.Itsfairto Atlantic, the boring machines, one 12 metreshandled at Fednavs local FMT terminal. disruptions, and around 12%assume, he said, that there in diameter and the other two both 6.5 metresScarboroughs TBM, weighing in at 2,000in February. Prices for palla- willbeadditionalgovern-in diameter, arrived at the Hamilton-Oshawatonnes,willhelpbuildthelargestsubwaydium, which is used in vehi- mentaction,regardlessof Port Authoritys facilities. tunnel in Torontos transit history. clecatalyticconverters,alsothe outcome of the war.LINER SERVICEEUROPE GREAT LAKESThe first and only year-round liner service between Europe and the Great lakesQuick transit time | Through bills of lading | Onward connectionsusing Spliethoffs European and American logistic network | Line-supplied containers, project, heavy lift, steel, forest products and bulk| Calling various Great Lake ports, including: - Valleyfield QC - Cleveland OH - Duluth MN- Rameys Bend ON - Chicago IL - Monroe MIwww.spliethoff.com or
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