The resurgence of armed conflicts in various regions of the world is having a direct impact on the metal sector. According to industry experts, clashes in strategic areas and economic sanctions imposed on producing countries have complicated the extraction and export of essential raw materials, such as steel, aluminum, and nickel, putting upward pressure on prices.
Likewise, the increased cost of gas and electricity has raised the operating costs of foundries, especially in Europe.
On the other hand, demand for metals linked to the arms industry has increased, contributing to greater pressure on prices. This increase contrasts with the slowdown in other sectors, such as construction, creating an uneven and volatile market.