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Getting close to the trough Global aluminium output contracted again in September. But with a recovery in Chinese and Canadian production likely in the coming months, global aluminium supply may now be close to bottoming out . According to the …
21st October 2019
August uptick to prove a flash in the pan An upturn in Chinese output lifted global steel production growth out of the doldrums in August. But with environmental cuts being stepped up, and construction activity set to falter, we doubt this will last. As …
26th September 2019
Physical demand unlikely to recover this year Gold imports in China and India remained extremely weak in August. With local currency prices likely to stay elevated, and growth in China set to slow, a turnaround in demand is unlikely anytime soon . Data …
25th September 2019
Supply continues to stutter, but not by enough to boost prices Global aluminium production fell again in August, and we think this contraction could deepen in the months ahead. Despite this, we forecast that the price of aluminium will fall a little …
20th September 2019
Ailing demand means steel production slump will continue July’s slowdown in steel production was probably a sign of things to come given environmental restrictions, squeezed margins and soft demand in China. Nonetheless, steel prices look set to fall …
27th August 2019
Prospect of H2 rebound has diminished Global aluminium production remained in the doldrums in July. We had previously expected smelter ramp-ups and lower input costs to spur a recovery in China’s output in the second half of 2019. But this now looks less …
20th August 2019
Steel production growth starting to tumble Faltering demand from the Chinese construction sector should mean that the recent downturn in global steel output growth should gather pace in the months ahead . The World Steel Association reported that growth …
26th July 2019
Weak Chinese production clouds an otherwise brighter picture Global aluminium output slumped in June, as a sharp fall in Chinese output outweighed increases elsewhere. But putting this month’s reading to one side, there are now clear signs that global …
22nd July 2019