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What's Nickel got to do with the Price of Tanks?

Mar 2004 Issue of Wine Business Monthly
The price for wine tanks has climbed sharply in recent months. At first, it might appear that this spike in prices is nothing more than a symptom of the weak dollar and strong foreign currencies. In fact, the rising price for stainless steel is being driven by a surge in the commodity price of nickel.Nickel? Steel is just iron and a little carbon, while stainless steel has chrome too, right? Well yes, but it is more complicated than that. Steels can actually be alloys containing a wide variety o...
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