Global prices of metal seen to increase further amid Russia-Ukraine war

Global prices of metal seen to increase further amid Russia-Ukraine war

A worker cuts metal in a construction area in Binondo, Manila on Thursday, March 24, 2022.

According to Fitch Rating, due to the Russia-Ukraine conflict, global metals and mining prices are expected to increase largely due to higher post-pandemic demand, tight markets, and short-term supply disruption, and above all else, owing to the runaway prices of fossil fuel.
(Jhun Mabanag/BEENJAMIN CUARESMA/ai/mtvn)

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