2024-03-07 10:00:00 ET
Summary
- Our monthly report looks at the performance of iron ore, copper, aluminium and other industrial metals.
- In this month’s edition, we take a closer look at iron ore and nickel - the worst and the best performers in the complex.
- Looking ahead, we believe nickel prices are likely to remain under pressure, at least in the near term, amid a weak macro picture and a sustained market surplus.
By Ewa Manthey
YTD metals performance %
China's 2024 economic goals disappoint
Industrial metals have mostly struggled this year amid a disappointing recovery in China, with a property downturn and weak manufacturing continuing to weigh on prices....
Read the full article on Seeking Alpha
For further details see:
Industrial Metals Monthly: China's 2024 Economic Goals Disappoint