Name: Metals & Mining Snapshot: Focus on demand response
Brand: Wood Mackenzie
SKU: 130425
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Author: Wood Mackenzie

Insight 12 June 2020

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            <h3 class="mega store_featured_content_extrabold store_font_black">Report summary</h3>
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Wood Mackenzie's metals and mining teams have published their short-term outlooks. This month’s snapshot is a synthesis of the short-term outlooks which our teams released last week. The overriding theme was an improvement in sentiment as positive news came from China about capacity utilisation and most notably, government stimulus. This comes in sharp contrast to ex-China demand, which in many cases is not expected to reach 2019 levels again until 2022 or later. To set the scene, this is what our Beijing-based research analysts summarize as the key elements of the stimulus announcements. We will then outline the impact on mined commodities as well as other takeaways from the latest short-term outlooks.</div>
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                    <h3 class="alpha push-half--bottom">Table of contents</h3>

<li class="list__item-toggle font-semibold">
        Steel: China unbelievable, Europe dreadful and the US will be construction-lead
    </li>

<li class="list__item-toggle font-semibold">
        Iron ore: China to the rescue
    </li>

<li class="list__item-toggle font-semibold">
        Metallurgical coal: Weakness continues but expect a solid finish in 2020
    </li>

<li class="list__item-toggle font-semibold">
        Lead: Industry braces for post-lockdown supply surge
    </li>

<li class="list__item-toggle font-semibold">
        Copper: Outcomes from the Two Sessions support our copper demand forecast
    </li>

<li class="list__item-toggle font-semibold">
        Aluminium: Chinese infrastructure and ex-China demand hold the key to recovery
    </li>

<li class="list__item-toggle font-semibold">
        Zinc: Demand to rebound sharply but huge risks remain
    </li>

<li class="list__item-toggle font-semibold">
        Nickel: Market to tip back to surplus in 2020
    </li>

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<h3 class="alpha push-half--bottom ">What's included</h3>
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<p class="font-regular" >Metals & Mining Snapshot: Focus on demand response</p>
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