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Commodities super-cycle slowing, steelmakers to regain margins: Renaissance Capital

Posted on 15 February 2013

The commodities super-cycle is not over, but the growth of the century’s first decade is unlikely to be seen in the years ahead, while the balance of profitability could switch back to steelmakers from miners in the next 15 years, the chief metals analyst at investment bank Renaissance Capital said Thursday.
“The exponential growth witnessed in commodities is over… we now need to analyze each project company [on a case-by-case basis],” Boris Krasnojenov, the director of metals and mining research at the bank, said at the Adam Smith Summit in Moscow………………………………………..Full Article: Source


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