
Despite several macro uncertainties, the metal industry’s long-term outlook looks promising, driven by strong demand for metal and metal-manufactured products. Moreover, an upsurge in urbanization, rapid industrialization, and several technological advancements in metal manufacturing should propel the industry’s expansion.
Amid the backdrop, investors could consider buying fundamentally sound metal stocks Rio Tinto Group (RIO), Valmont Industries, Inc. (VMI), and Ferroglobe PLC (GSM) now.