FTSE 350 Review 2019 

FTSE 350: Big miners look cheap

FTSE 350: Big miners look cheap

Few sectors are beset by such irrationality and extreme sentiment as industrial mining. A year ago, supply for many base metals was tightening, and demand well supported by broad economic growth. Twelve months on, and supply remains tight, but the reality of underlying demand growth has been entirely overwhelmed by the impact of the US-China trade war, and the implications for the planet’s largest consumer of raw materials.

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