January 05, 2009 at 16:29 PM EST
Outlook Stable for Metals Producers Despite Price Weakness
The ratings outlook for most base metals producers remains stable despite a very weak outlook for prices, according to Fitch Ratings. In its 2009 Global Base Metals Outlook Fitch notes that severe demand declines for most metals in the second half of 2008 have resulted in rising stocks and falling prices. Producers have been taking production [...]
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