Financial risk management, solutions and insights company Fitch Solutions Country Risk and Industry Research (Fitch Solutions) expects miners and metal producers to experience a more favourable pricing environment in 2021 with nearly all mineral and metal prices forecast to average higher on a year-on-year average basis in 2021. The stark exception will be iron-ore prices, which Fitch Solutions expects to head lower in 2021, yet remain elevated after being the “clear outperformer” this year among the entire commodities complex, owing to the substantial increase in demand driven by China's infrastructure stimulus and constraints on supply growth.
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