Supply stubbornness

MINERS are stubbornly pushing out too much product to reluctant buyers, says Macquarie, which has cut its commodity price forecasts. But stubbornness works both ways and the bank still sees “significant” value in its favourite mining picks. The Metal Detective, By Stephen Bell

Most metals alongside iron ore and coal have taken a pounding this year, but we’d all like to know whether the worst has passed.

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