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The wheels have come off the commodity supercycle

Evergrande's problems are giving a harsh reality check to investors in metal stocks that had turned red-hot on the back of runaway metal prices

The wheels have come off the commodity supercycle

Can prices of industrial metals rise irrespective of China’s desire to cool them? Yes, appears to have been the answer of many in the market as metal prices have been rising sharply. But that long-held belief is being severely tested now. China has turned its attention on the real estate sector after bringing to heel the ambitions of some of its biggest tech entrepreneurs who had attained global fame. China is letting Evergrande, a big real estate developer in the...

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