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Moody’s revises outlook for global base metals industry to stable

Contributing Editor Online
Investor service and ratings agency Moody’s has changed its outlook for the global base metals industry to stable from negative. Its most recent report ‘Global Base Metals Industry: Prices Off Bottom But Upside Limited as Global Economy Faces Slow Recovery’ states that prices for aluminium, copper, nickel and zinc are unlikely to deteriorate further over the medium term.

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