Metals and mining (diversified) industry

Article Abstract:

Aluminum industry earnings rebounded in the March, 1997 quarter to continue an increase trend that began in 1996 but aluminum stocks carry poor Timeliness rankings. While they are poor short-term investments, some aluminum companies could be good 3- to 5- year prospects. Outside of one or two copper mining companies which offer mild investment possibilities, the copper industry should have price drops in both halves of 1997 which will continue sharply downward until 2000-2002 and limit investment possibilities.

Copper Mines, Copper Ore and Nickel Ore Mining, Mining & Extractive Industries, Mining, Copper ores, METAL MINING, Metal Ores, Metal Ore Mining, Nonferrous Ores & Concentrates, Economic aspects, Copper mining, Mining industry, Nonferrous metals, Ores

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Mining & metals (diversified) industry

Article Abstract:

Earnings for the aluminum industry were strong in 1997 and are expected to remain so in 1998 with limited new capacity and increased product demand inseveral markets. However, there is a surplus of copper, demand is expected to outstrip production, making the industry's future uncertain. Investors should, however, avoid both aluminum and copper stocks in 1998 due to the future uncertainty in their markets.

Primary copper, Copper, Primary Smelting and Refining of Copper, Copper products

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