Over the last year, the prices for various industrial metals have been on a steady rise due to the surge in demand. Copper prices have rallied for three consecutive quarters with prices jumping to a hefty $4.73 per pound; these costs outdo the historical market prices that circulated in May 2021. Aluminum has hit another record of $3,452.79 per ton due to international traders scrambling to replenish their inventories. Over the past two years, aluminum inventories have been spliced in half, from a massive 2 million tons in March 2021 to a steadily-decreasing 800,000 tons. As for Nickel, this metal has jumped 6% to its highest market price since April 2011 at $27,815 per ton, and the premium cost has risen from $600 to $608 per ton within one week.

COVID-19 has caused extensive economic turmoil for various industries worldwide, and it has begun to cause division within social communities. In Canada, new regulations and restrictions for COVID vaccinations have been implemented within international travel guidelines. These regulations have triggered protestation from international truckers, who feel as if their rights to bodily autonomy have been violated.

COVID-19 has caused extensive economic turmoil for various industries worldwide, and it has begun to cause division within social communities. In Canada, new regulations and restrictions for COVID vaccinations have been implemented within international travel guidelines. These regulations have triggered protestation from international truckers, who feel as if their rights to bodily autonomy have been violated.

In the past decade, the demand for renewable energy alternatives within business practices has been steadily increasing and consumers are beginning to care more about how products and services will affect the planet long-term. The focus on cost-efficiency from a consumers’ perspective has shifted dramatically, and companies are beginning to incorporate sustainable practices within their production and distribution due to this rapid change. In the current economic climate, a company’s willingness to adapt to the demand of current market trends and adopt a green mentality may ‘make or break’ their overall success.

In the past year, the wire and cable industry has faced its share of challenges and now manufacturers are having a difficult time receiving raw materials required for the production of wire and cable. While precious metal prices surged six months ago, a supply shortage of resins began to appear and has now set production times of manufacturers back up to 8 months.