Articles Tagged "demand"

Zinc market was in surplus

Lisbon-based International Zinc Study Group’s latest report showed that the global zinc market was in surplus by 121,000 in the first 10 months of 2008. For full story, click here  

Output cuts extend through lead and zinc industry

By Leia Michele Toovey- Exclusive to Zinc Investing News The global financial crisis and sharp falls in metals prices have forced several companies to abandon or put on hold their plans to bring new mines on-stream. Some existing producers have also shut down or curtailed output at mines and plants as high costs and low prices [...]

Zinc shrinks as supply outpaces demand

Key domestic users of zinc such as auto and steel sectors can raise a toast as a study by a global industry body has forecast that outlook for the metal continues to remain bleak for the next 12-15 months, mainly on oversupply. For full story, click here

Zinc prices may continue to decline

The sharp fall in zinc prices may continue in the short term (two to three months) with no major demand forthcoming. Prices have already crashed 48 per cent from $1,700 a tonne three months back to $1,150. For full story, click here

Of shaky zinc prices and acquisition plans

By Daniella D’Alimonte  At US$0.76 per pound, zinc has made a slight recovery over the last week after it dropped to an over two and a half year low of US$0.73 earlier this month.  BHP Billiton Ltd., which currently sits at around US$58 per pound (NYSE PLC), has been in the news for some time [...]