CHARTS: Maybe India can ignite new commodity supercycle
According to the World Bank, together the BRIC nations (Brazil, Russia, India and China) consume 40% of global energy and food commodities and over half of the world's metals. China alone accounted for virtually all the increase in metals (aluminum, copper, lead, nickel, tin and zinc) consumption of the BRICs since 1994.
India's consumption of metals almost doubled over the past 20 years. But it's only taken the sub-continent's global share from 1.9% to 3.4% according to the report. By contrast, China's share of worldwide metals consumption went from 6.4% in 1990 to 43.9% last year..
Link: http://www.mining.com/chart-maybe-india-can-jumpstart-new-commodity-supercycle/
Quelle: mining.com; McKinsey&Company
Keine Kommentare:
Kommentar veröffentlichen