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Commodity outlook: aluminum, steel prices fell
2021-11-18 11:21:26

is widely accepted that base metal and crude prices are good indicators of world economic health and activity. Weak pricing in these commodity complexes is generally a function of low demand, which in turn can be attributed to a slowing economy. Given the news flows and macroeconomic data that came out this week, the economic sentiment oscillated between optimism and pessimism. Last week copper and nickel prices started off on a weaker note, while steel and aluminium prices were on a firm footi ..