search query: @indexterm copper industry / total: 18
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| Author: | Ahmed, R. |
| Title: | Metal prices hold firm |
| Journal: | African Business
2001 : 261, p. 19-20 |
| Index terms: | AFRICA METALS INDUSTRY RAW MATERIALS COPPER INDUSTRY NICKEL INDUSTRY ALUMINIUM INDUSTRY |
| Language: | eng |
| Abstract: | The demand for global industrial raw materials is set to decline over the 2002 year as the world economy slows down. However, prices are likely to remain firm until at least the end of year 2001. This will be welcome news to African producers. For nickel, the peak demand has now passed, as major 'supply tightness' is abating fast. Over the year 2000, a main factor underpinning higher nickel prices has been a booming world-wide demand for stainless steel, which absorbs two thirds of nickel output. There was an estimated supply deficit of 349,000t of copper in the first half of 2000, caused largely by refinery and smelter problems, according to the International Copper Study Group. The author also considers aluminium and zinc. |
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