Videos
Forecast for Commodity Prices & Lead Times to Increase in CY-2023
Hear about the status of commodities and the forecast for CY-2023 in this week's State of the Fleet Industry video.
The 124th State of the Fleet Industry video produced by Automotive Fleet offers insights into the state of the fleet market.
🎙Today's topics include:
Production slowdown of finished commodities is due to labor shortages, not a decreased end-user demand.
Steel prices have stabilized.
Shortage of aluminum is anticipated due to simultaneous increased demand from both the aviation and automotive industries
Copper prices forecast to increase in CY-2023 as automotive EV production increases.
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