In its latest Base Metals One Year Forecast report, GFMS says “our preferred economic indicator, the OECD composite Leading Indicators, is still pointing in the right direction for a broad-based recovery in base metals demand. It rose to 103.6 in January from 102.8. Growth was seen in G-7 category (103.6 from 102.8). The major Asia 5 category increased from 102.5 to 102.9. (more…)