Forecast for Commodity Prices & Lead Times to Increase in CY-2023

The 124th State of the Fleet Industry video produced by Automotive Fleet offers insights into the state of the fleet market as presented by AF Editor Mike Antich.

Today's topics include:

• Production slowdown of finished commodities is due to labor shortages, not a decreased end-user demand.
• Steel prices have stabilized.
• Shortage of aluminum is anticipated due to simultaneous increased demand from both the aviation and automotive industries
• Copper prices forecast to increase in CY-2023 as automotive EV production increases.

Make sure you're signed up for the AF newsletter so you don't miss another State of the Fleet Industry video.

📰 Sign up for the Automotive Fleet newsletter.

🚗 Visit Automotive Fleet for more fleet industry content.

🎥 You can watch these episodes on the Automotive Fleet YouTube Channel!

🤝 Follow and connect with Automotive Fleet on social media!

Connect with Automotive Fleet on LinkedIn.

Like Automotive Fleet on Facebook.

Follow Automotive Fleet on Twitter.