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Metal Prices

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Iowa Taco

4️⃣ Gold
Can someone explain what I'm missing with the steel/aluminum price increase?
This is the steel price per pound index:

Screenshot_20180831-193919.webp


Prices have gone up recently but are lower than the past six years

Here is aluminum price index:

Screenshot_20180831-193944.webp


Aluminum makes sense but is still close to price in 2014.

Are tariffs actually effecting prices? Or is this just companies using it as an excuse to increase price?
 
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