Metal Output Cuts Back on the Menu

Financial Post reported sharp falls in industrial metals prices from August have sparked talk of production cutbacks.

As quoted in the market news:

Smelters in Indonesia’s main tin-producing region of Bangka island have agreed to impose a full export ban on tin ingot from Oct. 1 until global prices recover, Indonesia’s Tin Industry Association said. On Oct. 6 an official at the organisation said the ban was expected to last for one month. On Oct. 28, however, smelters agreed to extend the stoppage to the end of the year.

Click here to read the full Financial Post report.