- Metal prices have been rising this year, in part because of a rapid recovery in consumer spending and manufacturing following last year's lockdowns.
- Constrained supply is also a major driver of metal prices. In some cases, such as copper and zinc, this has been from lockdowns in major resource countries like Peru.
- Raw material shortages - for steel, aluminum or other metals - continues. For some sectors, those accompany parallel shortages in materials like resins and in specific components, like semiconductors.
For further details see:
Supply Chain Shortages: Could One Industry's Challenge Be Another's Solution?