The Metals Selloff Is Creating New Winners And Losers

Metals markets remain in a delicate tug-of-war, with structural deficits and massive AI-driven data center infrastructure buildout providing forward momentum, while global growth reassessments, high energy prices and the growing risk of interest rate increases increasingly challenge the bullish thesis.

Metals markets remain in a delicate tug-of-war, with structural deficits and massive AI-driven data center infrastructure buildout providing forward momentum, while global growth reassessments, high energy prices and the growing risk of interest rate increases increasingly challenge the bullish thesis.