| The dizzying price falls in metals such as aluminium, zinc, copper and nickel have bottomed out, ratings agency Moody’s has declared – but the mining industry will still feel the pain of low prices. Moody’s has upgraded its outlook for the global base metals industry from negative to stable, but warned prices will stay low for longer.
"We view prices for base metals as having likely bottomed following the sharp decline beginning late last year, and consequently we have revised our price sensitivity assumptions," said Carol Cowan, a Moody's senior vice president...............................................Full Article: Source
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