While surging equity markets and supposed revival in market sentiments are adding to gains of industrial metals, the demand supply scenario will continue to portray a dismal picture. For full story, click here
The crash in international equity markets and the onset of recession across the globe, has led to all base metals. Zinc declined $55 before settling at $1,120 per tonne. For full story, click here
By Leia Michele Toovey- Exclusive to Zinc Investing News At current price levels, approximately 50 per cent of the world’s zinc producers are under water. Zinc MZN3, mainly used as an anti-corrosive in galvanized steel, is currently selling for around US$1,120.00 per tonne, less than half the metal’s January value. Lead prices are not fairing [...]
Zinc prices bounced 4.6 percent to track global equity markets higher and ahead of a U.S. interest rate decision later in the day. For full story, click here
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