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The Bearish Metals Market: Reflections on 2015 and Looking Ahead to 2016
Dec 25,2015 16:25CST
industry news
Source:SMM
As this year draws to a close and we pop the champagne cork and recite “Auld Lang Syne” to ring in 2016, it’s important to look back and reflect on the year that was.

by Kyle Fitzsimmons on DECEMBER 25, 2015

As this year draws to a close and we pop the champagne cork and recite “Auld Lang Syne” to ring in 2016, it’s important to look back and reflect on the year that was. For metal buyers, the market was almost overwhelmingly bearish, especially in the latter part of 2015. While consultants and big banks were eager to buck the trend for a newsworthy take on commodities and, more specifically, metals, we stayed the course.

Our data did not provide the evidence to suggest a bottoming out of the market and we encouraged our readers and subscribers to “stick with the trend.” Now we look ahead to 2016. Our Annual Metals Outlook is your comprehensive buying guide, consolidating 12 months of commentary and analysis on where metal prices are likely to go throughout the year.

Our research is based on and assimilates all of the current fundamental information supported by historic price movement. It is an essential tool for your sourcing kit if you’re purchasing aluminum, copper, nickel, lead, zinc, tin and steel (HRC, CRC, HDG, Plate).

Source: Metalminer


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