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| Base Metal Market Commentaries |
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| GFMS Base Metals Market Briefing:
Dec 16, 2008 - Base metals: Much worse before it gets better -
Perhaps the term “the base metal supercycle” can now be resigned to the history book with the release of the Chinese IP number for November. Growth slowed from 8.2% y-o-y in October to 5.4% in November. In the first half of this year, expansion was typically registering growth of over 15% y-o-y. There was a significant weakening of the trade position with exports down 2.2% y-o-y, while
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