Price: $ 1295
BMI View: Our forecasts across the refined metals sector in the US remain tepid as the country's economic recovery remains steady but less than robust, and as the long-term trend of declining consumption and metal intensity per unit of economic grow continue to play out. In the short term we e expect refiners and metal producers will continue bringing production back online as the country's economic outlook improves, particularly in the construction and automotive sectors. That said, production and consumption will likely remain below pre-crisis levels as Chinese growth slows in H213, eurozone demand remains weak, and inventories stay elevated. We believe slow but steady growth in the metals sector will roughly track broader GDP growth, which we forecast to average 2.4% from 2013 to 2017. Ga ...
Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/274396.html
No comments:
Post a Comment