Tuesday 27 November 2018

Zinc Prices Fell As Expectations Of Weaker Demand From Chinese Steel Mills

Zinc trading range for the day is 174.4-185.4.

Zinc prices fell as expectations of weaker demand from Chinese steel mills overpowered signs that the market is short of metal.

An expected surge in refined zinc output after a clutch of new mine openings has been derailed by bottlenecks at smelters across Asia.

China's forced environmental cutbacks on zinc slag, and falling refined prices in the second quarter, prompted many smelters to cut production.



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