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A global economic slowdown over the next few years will leave the copper market in surplus past this year, before tightening later this decade as the energy transition accelerates demand for the electrical metal, delegates heard at the LME Asia Metals Seminar this week.
Concerns about global economic growth have become more pronounced in recent months as rising inflation, the ongoing Russia-Ukraine conflict and the ongoing tightening cycle by the US Federal
Aluminium in surplus to 2024-2025
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