Commodity Fundamentals and Industrial-Metal Cycles

Trace the physical supply chain of an industrial metal from extraction through processing to end demand, identifying where benchmark prices enter the chain.

Construct a commodity balance using production, consumption, imports, exports, and inventory changes.

Extract production, consumption, and inventory data for one industrial metal from public industry and government sources.

Interpret how reported inventory changes may affect commodity prices under different supply and demand conditions.

Interpret an industry cost curve and identify the marginal producer under a specified market-price scenario.

Construct a driver map that compares industrial metals with selected energy and agricultural commodities without losing the industrial-metals focus.