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Metals Will Be `Challenged’ in 2007 by Surpluses, Mitsui Says
Metals markets will be “challenged” next year as supply exceeds demand for copper, aluminum and zinc, said Mitsui & Co., Japan’s second-largest trading company. Nickel will remain in deficit for a second straight year.
Global copper supply from mines and scrap yards will exceed demand by 146,000 metric tons next year, the first surplus since 2002, [...]
