Quarterly Metals Report
In-depth analysis and price forecasts for base, precious and ferrous metals
Our quarterly metals report provides expert analysis and price forecasts for base, precious and ferrous metals, providing metal industry participants with actionable insights.
This in-depth report includes reviews of the macroeconomic environment and outlook for the global economy, central bank activity, analysis of manufacturing PMIs and geo-political influences.
Report highlights are also presented at our quarterly metals webinars by our research team and an expert from our industrial commodities team, providing broker insights.
Quarterly Metals Report – Q1 2025
As we enter the first quarter of 2025, trade tensions heavily influence market sentiment, with Trump’s tariffs narrative shaping the overall momentum. Volatility has gripped major asset classes – including FX, bonds, and equities – as markets attempt to gauge the scale, timing, and likelihood of these tariffs being fully implemented. While Chinese New Year holidays traditionally bring a quieter tone to the first quarter of the year, tariff announcements - such as a 10% tariff on Chinese imports and a 25% tariff on aluminium and steel - are injecting moderate volatility into the metals complex. What can we expect in the metal markets in the first months of 2025?
Quarterly Metals Report Archive
Sign up to get the latest market insights
We will email you each time a new report has been published.