Correction in metals may provide buying opportunity for investors

If demand remains good, investors can purchase at moderate valuations

Investors are reviewing the supply and demand situation in industrial commodities as prices have reacted across the metals space. Iron ore prices have dropped to the lowest levels in 2021, along with a fall in various steel contracts. There were also reactions in other metals such as copper and zinc. Share prices across primary suppliers, such as mining companies and metal producers, were hit as well.
 
The reaction has been sparked by expectations of slowing Chinese demand and global economic growth, if the US Federal Reserve tapers earlier than expected (which will not happen before late 2021 or early