METALS

Base metals comprise most metals which are not precious metals and are widely used in commercial and industrial applications, such as construction and manufacturing. Some of the metals produced, shipped, and processed by the base metals industry include aluminum, copper, and zinc.

In 2020, the base metal industry had been heavily impacted by the Covid-19 pandemic, with global consumption slumping down. Refined zinc, for instance, saw a decrease in demand of close to four percent. The economic downturn and manufacturing halt due to the pandemic generated a drop in production in that same year.

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The global precious metal market size was valued at USD 182.1 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 9.0% in terms of revenue from 2020 to 2027.

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Amid the COVID-19 crisis, the global market for Steel estimated at 1.7 Billion Metric Tons in the year 2020, is projected to reach a revised size of 2.2 Billion Metric Tons by 2026, growing at a CAGR of 4.1% over the analysis period.

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With a vast and diversified portfolio, quality products, customers and suppliers, ORION Trading International can respond to the most demanding market's needs. Our customers can select from a large variety of metals such as aluminum, copper, zinc etc.