Bullish Price Predictions: Perhaps Wishful Thinking?

Triplett, Tim
January 2006
Metal Center News;Jan2006, Vol. 46 Issue 1, p8
Trade Publication
The article focuses on a survey conducted to determine metal prices in the U.S. in the coming year. Seventy percent of respondents to the survey say that steel prices may not increase or edge up a bit in the coming year. The prices of aluminium increased during the course of the year as demand remained especially strong in the aerospace sector. Similarly, there was an increase in the market price of copper in 2005, and many service center executives who sell red metals remark that prices may increase or at least stay the same in 2006. The American Institute for International Steel claims that continued strong end-use demand and the relatively high prices in the U.S. market, may lead to an increase in import levels in 2006.


Related Articles

  • Industry Forecast Scenario.  // China Mining Report;Q1 2011, Issue 1, p41 

    The article presents an outlook for the performance of metal industry in China from 2011-2012. It anticipates aluminum prices to stay fairly well supported, with 2,400 U.S. dollars per tonne average over the period. It notes that recent reductions to Chinese production and a drawdown in...

  • Executive Summary.  // Russia Mining Report;Q3 2008, p5 

    The article presents an overview of the mining industry in Russia for the third quarter of 2008. It mentions that the country serves as a major mining nation of the world and is a home to an array of mineral and metal resources including nickel, platinum and bauxite. It notes that the industry...

  • Green Shoots or Bamboo Shoots?  // Engineering & Mining Journal (00958948);Jun2009, Vol. 210 Issue 5, p80 

    The article discusses the rebound in base metal prices and the growth in its exports in the U.S. The inventories of refined aluminum quickly point to a very strong ceiling being in place for its price. Lead is well positioned due to the strong demand for non-cyclical replacement battery demand...

  • IN EUROPE.  // Engineering & Mining Journal (00958948);Feb93, Vol. 194 Issue 2, p17 

    The article reports developments related to mining industry in Europe. Austria's only aluminum smelter was set to close at the end of 1992, according to the "Financial Times" newspaper. Republic of Tajikistan will be opening its Tursunzade aluminum smelter to foreign investors, according to a...

  • Base Metals--Back to the Basics.  // Engineering & Mining Journal (00958948);Sep2006, Vol. 207 Issue 7, p64 

    The article discusses key trends concerning the production of base metals by mining companies in Canada. Base metal production, with the exception of copper, has dropped in 2005. The drop in output, however, was offset by the higher prices of metals during the period. The mining industry of...

  • Investment Demand and Precious Metals. White, Lane // Engineering & Mining Journal (00958948);Sep2006, Vol. 207 Issue 7, p112 

    The article discusses key issues concerning the contributions of investment demand to the rapid rise of prices in metals traded in all exchanges in 2006. Platinum has been in fundamental surplus of new metal entering the market to fabrication demand since 2004. Increased buying by investors,...

  • Copper is the star as Africa enjoys price boom. Siddiqi, Moin // African Business;Jul2007, Issue 333, p28 

    The article reports on an increase in the prices of industrial metals in Africa. The U.S. Geological Survey estimated 2006 world mine production at 15.3mt. Chile was the largest producer in 2006 with 5.4mt, followed by the U.S. with 1.22mt, Peru with 1.05mt, Australia with 950,000t and Indonesia...

  • MINERALS AND MINING.  // Alaska Almanac;2005, Issue 29, p122 

    The article provides information on the state of the mineral industry in Alaska in 2004. Development investment showed a significant increase over the 2003 level, primarily due to construction at the Teck Pogo project. Production values also increased significantly due to improved metal prices....

  • Precious Metals Continue to Boom. White, Lane // Engineering & Mining Journal (00958948);May2006, Vol. 207 Issue 4, p42 

    The article reports on the increase in investments for precious metals exploration. Metals exploration spending has started to accelerate in the fourth quarter of 2005 due to a rising demand for precious metals. Metal producers consider a number of issues that affect the exploration process...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics