GFMS sees 2010 proving to be a year of consolidation in base metal markets
In its latest Base Metals One Year Forecast report, GFMS says “our preferred economic indicator, the OECD composite Leading Indicators, is still pointing in the right direction for a broad-based recovery in base metals demand. It rose to 103.6 in January from 102.8. Growth was seen in G-7 category (103.6 from 102.8). The major Asia 5 category increased from 102.5 to 102.9. (more…)
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