Copper Declines as China May Take Steps to Cool Inflation, Damping Demand
Bloomberg.com reports that metals fell today, including zinc, amidst concerns that China- the world's biggest consumer of metals make take more action to curb price gains.
Articles Tagged "metals"
Zinc, nickel slide in broad metals sell-off
Reuters.com reports that Zinc fell 5% today
METALS-Copper hits new 27-mth peak, eyes record after Fed
Reuters.com reports that there was a quick upturn in metals, including Zinc, likely in a delayed reaction to Wednesday's Fed announcement
METALS-Copper cools as dollar gains strength
Reuters.com reports that zinc price, due in part to the rising dollar, has fallen from it's 10-month high.
MCX Launches Mini Zinc Futures
Multi Commodity Exchange of India Ltd. (MCX), an independent commodity exchange based in India, has launched a futures contracts in MINI Zinc (Contract Size 1 MT). Contracts of zinc mini will initially start by June and July and by that time more contracts will be introduced. Praveen Singh, an analyst with Sharekhan Commodities is quoted [...]
China to force out lead and zinc juniors?
By Leia Michele Toovey-Exclusive to Zinc Investing News Chinese lead and zinc refineries are interested in integration and expansion, but not mergers or acquisitions. The Chinese government showed its support by providing a plan to encourage the non-ferrous industries to restructure and integrate. The government has also mentioned that it wants to support the industry’s [...]
Base metal prices are expected to move in a narrow range
Base metal prices are expected to move in a narrow range in the near term with bulging inventories at LME. For full click, click here
Zinc rates cut while lead is held steady
By Leia Michele Toovey- Exclusive to Zinc Investing News In their bi-weekly price review, Hindustan Zinc Limited announced that effective Saturday, it had cut its prices of zinc, but held lead rates steady. Zinc prices will drop by Rs 800 per tonne, to 68,900; whereas lead maintained its 70,200 per tonne level. Lead prices have remained strong [...]
Survival of the fittest for lead and zinc miners
By Leia Michele Toovey- Exclusive to Zinc investing News For the first quarter of 2009, the mantra of many lead and zinc miners is “survival”. After the price crash of 2008, many miners have gone underwater. This is forcing cutbacks, closures, acquisitions, and even some bankruptcies. There is no question that prices will rebound as commodity cycles are [...]
Zinc and lead in the New Year
By Leia Michele Toovey- Exclusive to Zinc Investing News 2008 was a year for unprecedented losses for both the zinc and lead markets. As economic malaise spread around the globe, zinc for three month delivery fell about 49 per cent. Lead, due to its close ties to the auto industry, took a staggering plunge from [...]
