Fourth quarter surge in shipments of large mining equipment
May signal sustainable market recovery.
Posts by The Parker Bay Company:
Significant Gains for Mining Equipment Index in Q3 2016
Parker Bay’s Mining Equipment Index showed a gain of 6.5% (US$-weighted basis) for the third calendar quarter of 2016 vs. comparable deliveries during the second quarter of the year.
Mining equipment market to pick up in 2017 – report
Full recovery not expected until after 2020.
