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Fitch's Global Base Metals Outlook: Demand Weak Worldwide.

Publication: Business Wire
Publication Date: 05-JAN-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
NEW YORK -- Today, Fitch Ratings has released its 2009 Global Base Metals Outlook which reports that while demand is off substantially, the Rating Outlooks on the majority of the companies in Fitch's base metal coverage are Stable. Fitch notes that severe demand declines for most metals in the second half of 2008 have resulted in rising stocks and falling prices. Producers have been taking production off-line and slowing expansion spending,...

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