Steel, Copper, Nickel, Cobalt: How Policy Changes Could Impact Metal Demand

Via Metal Miner The Renewables MMI (Monthly Metals Index) held firmly sideways, shifting down a mere 0.06%. With the incoming Trump administration, it is possible the renewable energy sector could witness market shifts in the upcoming year. The Biden Administration prioritized the expansion of renewable energy systems, including more specific projects like electric vehicles. However, the Trump Administration may shift funding to other areas, which could place some bearish pressure on certain metals. These exact market shifts still remain unclear...