This is important in terms of political outcomes, and also important in the case of England/Britain in what we've come to call the Industrial Revolution, which I will talk about at another time.
In the case of industrial metals, the data and easing expectations are being viewed as a harbinger of stronger demand to come that will mean tighter market balances than would otherwise occur.
This is clear most notably in the case of industrial melanism, a process that turned light-coloured moths sooty black so that they would match their daytime perches in the polluted cities of the industrial revolution.
