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A south facing base metals outlook

Modest growth from China, a strong US dollar and oversupplied markets – it was no wonder analysts sitting on the base metal panel at the London Metal Exchange metals seminar on Monday were pretty bearish over the near-term.

A south facing base metals outlook A south facing base metals outlook A south facing base metals outlook A south facing base metals outlook A south facing base metals outlook

Michael Dixon of AME Group confronts the elephant in the lead-filled room (photo: LME)

One of the most reactive metals in the periodic table, aluminium producers have been pretty slow in responding to a market in oversupply.