(Opinion of Bloomberg) — In 1930, Joseph Stalin ordered the construction of the Mariupol Iron and Steel Plant — one of his mega-projects to industrialize the Soviet Union. For a time, the complex was one of the world’s largest steel mills. Nearly a century later, another Stalinist Russian leader, Vladimir Putin, ordered its destruction.
This post Steel is the other major commodity shock of the war in Ukraine
was original published at “https://www.bloombergquint.com/gadfly/ukraine-war-steel-is-the-other-big-commodity-shock-from-russia-s-invasion”