China imported 77,200 tonnes of refined Zinc in February up by 518%MoM touching the record high since 2003. While the accumulative import volume in January and February touched 90,000 tonnes up by 643%YoY. For full story, click here
Congress is divided over the proposed 700 million dollar bailout plan that is being promoted as a solution to the current stock market crisis. This morning’s vote was only supposed to take a few moments, but it has been plagued with arguments and dissent as both sides struggle to come to an agreement about the [...]
Chinese government may encourage import of zinc concentrate to fill the gap left by troubled Chinese mines due to tough market conditions. Analyst Hu Yongda, from Antaike Information, was quoted as saying: Though some of these zinc smelters own their own zinc mines, domestic zinc concentrate supply cannot meet the combined production capacity of these big [...]
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