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Slow rebuild for mining engineering sector

Stronger metals and energy (mineral) prices, and generally better portents for metal markets, have not been enough to reheat the share prices of major global engineering companies with significant exposure to the mining and metals market, which generally had another forgettable year in FY17.

Slow rebuild for mining engineering sector Slow rebuild for mining engineering sector Slow rebuild for mining engineering sector Slow rebuild for mining engineering sector Slow rebuild for mining engineering sector

Inclined to grow: Mining construction activity is rising off a low base

The absence of new mega bulk and base metals projects that delivered so much new capacity in Australia, South America and parts of Africa during the minerals investment boom of 2003-2013 has flattened

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