Tag: Global demand

According to the World Steel Association, steel is the most widely used and most recycled metallic material on Earth. This high demand for steel, and consequently iron ore, is primarily caused by accelerating urbanization, massive infrastructure development, and industrial growth in emerging economies.

According to the International Food Information Council, 71% of U.S. consumers aimed to increase their protein intake in 2024, yet many are now facing a protein powder shortage. The scarcity of this once-ubiquitous supplement is due to a perfect storm of challenges impacting the global supply chain and raw material production.