Metal sector stocks represent companies involved in the exploration, production, processing and supply of metals to other industries. These companies supply materials to automotive, manufacturing, semiconductor and many other industries.
Metals like steel, aluminium and copper are in high demand in the construction industry. They are used in building structures, including frames, roofing and wiring. Metals, with their high utility, are a crucial pillar of the economy.
In terms of threats, the sector faces environmental challenges, economic downturns and global uncertainties. If you’re considering investing in metal sector stocks, here’s what you need to know.