Mumbai, June 11 -- The World Bank's metals and minerals price index is forecast to fall by 10 percent in 2025 and a further 3 percent in 2026, with the steepest declines anticipated for aluminum, copper, iron ore, and zinc. These projections reflect a weakening global demand outlook over the forecast period, including a slowdown in China, the world's largest consumer of industrial metals. The World Bank cites main downside risk - a sharper-than-expected slowdown in global growth, as metals demand is closely linked to investment activity and durable goods consumption-both highly sensitive to economic conditions. A deeper global slowdown, particularly in the presence of ample supplies, could place significant downward pressure on base metal p...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.