According to Jefferies International, surprises may arise, but overall sentiment is positive. Meanwhile, UBS and ActivTrades warn of geopolitical and energy risks on the European market, while China shows a mixed demand recovery.
Copper, needed for every aspect of electrification, will still be valued, diversified mining companies including Eurasian Resources Group (ERG) and Vale agree. Metals overall are performing well as long-term demand for energy-transition materials continues.
Source: MetalTorg.Ru
