Sentiment is bearish as the coronavirus crisis has affected the economy and reduced minor metals demand from most downstream sectors. China, being one of the largest global producers and consumers of minor metals, is significantly affected.
Metals demand from the main downstream sectors, including automotive, real estate, lead-acid battery, air-conditioners and electronics, has been affected by the coronavirus crisis as many manufacturers have delayed resuming operations. The worsening coronavirus outbreak in South Korea and Japan is also weighing on potential demand for battery metals and materials.
Join Argus Media’s China editor for nonferrous metals, Ohmin Zhao, and Vice-President for Metals, Tim Hard, in an exclusive podcast discussing the potential impact for minor metals markets.