Are Chinese Steel Prices a Prelude to Commodities Inflation?
May 13, 2021 at 08:00 AM EDT
Strong demand for steel is driving prices higher in China, which bodes well for the VanEck Vectors Steel ETF (SLX). Higher steel prices is also a harbinger for inflation. As commodities like steel continue to tick higher, the general feeling is that commodities in general will experience the same...