Metals & Minerals Webinar: Slowed 2020 Capex to Pick Up in Coming Years

SUGAR LAND--February 11, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Like many other industrial sectors, spending in the Metals & Minerals Industry dipped in 2020 because of the COVID-19 pandemic, due to both a drop in commodity demand and the necessity for safer practices at work sites. However, the market is now seeing a spike in commodities prices, and the rate of new demand growth is outpacing the growth in supply production capacity. In Industrial Info's recent webinar on the spending outlook for the industry, Joe Govreau, vice president of research for the Metals & Minerals, discussed the market drivers and trends affecting the industry in the coming years.

Companies featured: Vale (NYSE:VALE)