Fitch maintains metal prices forecast, but says downside risks evident

Fitch Solutions Country Risk and Industry Research, a unit of Fitch Group, has published its ‘Outlook for Metals’ report, which maintains its core view for metal prices to head slightly higher this year in general compared with 2019. It expects to see a recovery in metals prices by the second half of this year, as the novel coronavirus (2019-nCoV) epidemic eases and the Chinese government steps up fiscal support measures to cushion the impact of the coronavirus on economic growth.