Metal Prices Moved Lower In May As Tariff Uncertainty Caps Prices

Prices for the four industrial metals most widely used in foodservice equipment and supplies moved lower from mid-April through mid-May. President Trump’s pull-back from the most extreme “reciprocal” tariffs, including the onerous tariffs on China, eased trader worries, but also had them switch focus to weakening global demand for the materials. The price trends have…