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Sector Overlook: Diversified Metals & Mining
Posted by Stock Online Trader on February 8, 2009 in Basic Material Sector
S&P’s outlook for diversified metals and mining industry : Our fundamental outlook for the diversified metals & mining sub-industry (in which copper companies dominate) for 2009 is negative, as we believe sales and earnings will decline in 2009 from 2008 levels. Our expectation reflects our view that the price of aluminum, copper, nickel, zinc, iron [...]