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Dim global growth forecast fails to deter metals investors

Market is beginning to turn its focus towards rising demand for key metals, slower production
Wednesday, August 3, 2016 - 05:50

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Copper, long considered a bellwether for economic growth, has rebounded 14 per cent from a six-year low in January on the Comex in New York, as imports by China surged in the first half to a record.

New York

NOT even the dimming global growth outlook is enough to scare away investors in metals and mining.

Money is pouring into industrial metals and the companies that produce them. Those investors seem undeterred by World Bank and International Monetary Fund (IMF) forecasts of 

sentifi.com

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