Those tethered to the aluminium market see poor demand and rising supply - in primary and scrap material - as critical impediments to success this year. And those bullish on nickel may need to lower their expectations too, with growth in the stainless steel and electrical vehicle sectors waning.
The base metal with the most favorable 2020 prospects? It just might be copper, some participants believe.
This downloadable PDF report will get you up to speed on some of the pivotal story lines surrounding base metals in 2020. Please click on the thumbnail below to download.
The base metals complex is something of a mixed bag for market participants looking for answers as to what 2020 might bring.