Rise in deals signals growing confidence in metals markets, say analysts

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The number of mining and metals transactions is expected to continue to rise, reflecting strong demand growth, which will lead to more mergers in these sectors, analysts say.

"This reflects that there is growing confidence going forward in terms of demand outlook," says David Wilson, head of metals trading at Société Générale. "If you are a mining company, prices are going to be much stronger going forward, so that would clearly support more and more M&A activity," he adds.

The volume of complet