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Commodities Briefing - Categorized | Market Moves, Metals and Minerals more

Metals missed the bus in 2013

Posted on 06 January 2014

In 2013 the metals industry suffered due to weak demand, with emerging markets failing to prop up demand. The start of 2014 is already promising some excitement for the metals industry. Two international events will be watched closely by investors.
One is the Indonesian government’s decision to insist on value-addition to locally mined ore before it can be exported. The new rules are set to come into effect from 12 January. According to a Bloomberg News report, the country accounts for 18-20% of global nickel supplies, about 10% of aluminium supply from bauxite and 3% of copper suppliers………………………………………..Full Article: Source


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VRS - who has written 36568 posts on Opalesque Commodities Briefing.


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