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World Bank Says Metal Prices May Stay Higher, Longer



MELBOURNE (Dow Jones)--Metal prices could fall sharply at some point as capacity increases and demand growth eases, the World Bank said Saturday in a briefing paper to the Group of 20 summit in Melbourne.

However, metal prices may stay higher for longer than in previous price cycles, the World Bank's oil, gas, mining and chemicals department wrote in the briefing paper supplied to the G-20 finance ministers and central bank governors.


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11-17-06 1948ET