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Author:Ahmed, R.
Title:Brighter outlook for metals
Journal:African Business
2002 : 277, p. 37-38
Index terms:ANALYTICAL REVIEW
AFRICA
METALS INDUSTRY
Language:eng
Abstract:The author of the article states that with the spectre of a global economic downturn now fast receding and, indeed growth expected in the near future, the outlook for metals has looked far brighter than it has been for the past few years. The author of the article considers the following types of metals: Cooper, Aluminium, Nickel and Zink and states that there is a potential for strong recovery in 2003. Prices and demands for industrial metals are expected to rise substantially, thus causing stockpiles of all traded metals to fall substantially. The author provides some projections on firmer prices by mid-2003 and states that they assume robust industrial production in the (OECD) economies, East Asia and China.
SCIMA record nr: 235115
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