Metals, mining industry execs pessimistic about global growth, CRU study finds

More than half (52%) of global commodities business intelligence company CRU’s clients in the metals and mining industries expect global gross domestic product (GDP) to grow by no more than 1% this year, according to its yearly macroeconomic survey of clients, which polled global clients from the metals and mining industries in December. The outlook is bleaker than CRU’s forecast for global GDP growth in 2023, which sits at 1.6%.

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