Metal prices will depend on how deep the slow down in economies...

Metal prices will depend on how deep the slow down in economies is. I believe that the emerging economies of China, India, Brazil etc will drive the demand for resources while recession in some of the mature economies will slow demand. Overall demand will still be above historic levels but probably not as high as it has been.

Will be interesting to see what happens to some of the metals that have already come back significantly in price like Zn and Ni, one would expend they will climb back up again but probably not back up to the high points they reached. Fe though is at a high point now and it may not stay up there for as long as people think.

L