Of particular interest this week:

Steel:   positive growth, particularly in emerging economies.

Copper:   disruption to supplies continues.


Copper  Long term Cu price forecasts improve.  Disruptions to supply loom. 

Nickel  Kambalda outlook for reduced local supply of Ni concentrate.  

Zinc & Lead  Strike at Noranda’s Quebec process plant.

Tin  Despite uncertainty there is still good availability of Chinese and Indonesian supply. 

Aluminium  Write-downs at Portland (Vic). 

Gold  Australian gold output at 17 year high.  

Platinum & Palladium  Zimbabwe, China & Russia. 

Oil  OPEC may be wrong to be withholding supply? 

Coal  Rising domestic thermal coal prices at northern ports.   

Iron Ore  Most outlook considers that iron ore prices will still decline. 

Shipping  Capes up on iron ore demand.  


Global Steel production – growing strongly yr-on-yr, though uncertainty slowed mo-on-mo growth.

USA Industrial Production, Capacity Utilisation and Housing Starts

Japan – LNG prices