VM group reported that the supply-demand fundamentals for zinc are deeply unattractive as motorcar industry’s demand is declining at a fast rate. It expects more announcements of zinc project closures towards the end of the year.

VM group was quotes as saying:

The ‘bloodshed’ in the global motorcar industry may well get much worse before picking up sometime in 2009. This could not come at worse time for zinc.

For more information, click here

1 Comment

Tweet