Albanian Minerals, Tropoje, Albania: The  manufacturers in China, India, U.S. and EU can expect rising metal prices for 2011. 
Gold, ferrochrome, steel and other metal prices are expected to increase even more in 2011.

Prices of nonferrous metals such as aluminum, copper, nickel, zinc, lead and tin will likely experience double-digit growth in 2011.  These metals are in short supply. Worldwide demand for metals is rising.

According to Albanian Minerals and Bytyci Shpk in Tropoje, Albania. World consumption of metals will hit 10% increase in 2011 . China and India will increase metal consumption in 2011.

China, India and Brazil leads the world in the demand growth for metals, North American metals consumption, led by the U.S., is rising again, while growth in demand from China, the world's biggest user of copper, is showing no sign of a slowdown.

In the U.S., steel consuming sectors are on the road to recovery.  Meanwhile, supply will be tight, for ferrochrome and capacity shutdowns among steel producers in U.S an China have depleted the supply .

China's consumption will keep markets tight. Chinese demand for scrap and other materials will stay strong. Its massive consumption will continue to contribute to the tightness in global metal markets. China's skyrocketing  metal demand is also causing ferrochrome, chrome ore and iron ore prices to rise on the world markets.

India’s ferrochrome exports to countries including China and Japan may drop by a third in the next four years as domestic consumption gains. Global demand for ferrochrome, used to make steel resistant to corrosion, will outpace supply this year and next, according to Albanian Minerals.

Steel consumption in India, the world’s second-fastest growing major economy, is being driven by increased usage in airports, railway coaches and automobiles

The growth in stainless steel consumption in India  will be in the highest level in the history . The prices of metals are expected to go up worldwide in 2011.
Sahit Muja
President & CEO
Albanian Minerals
New York