Industrial Metals Lose Their Luster
The industrial metal space has been struggling to gain traction as of late as a cloudy forecast for the global economy has left these commodities in limbo. But that was not before many made strong runs in the past decade. According to Bloomberg “six primary metals more than tripled in the 10 years to 2012.” These highs have started warding off a number of buyers as many fear a slowdown in key markets like China and other emerging economies. Economic Uncertainty While the US has been recovering slowdowns in economies across the globe have put pressure on these hard assets. ...
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