1018 days ago
Metal prices are forecast to rise more in 2H21, says World Bank
Metal prices are forecast to rise nearly 30 percent in 2021 before dropping back in 2022, as stimulus driven growth eases and supply constraints are resolved. Risks to the forecast depend on major stimulus programs. A faster-than-expected withdrawal of stimulus by China would pose a significant downside risk to demand while the proposed infrastructure spending bill in the United States could provide further support for some metals, including aluminum, copper, and iron ore.


