Platts quoted state run nonferrous metals information provider Beijing Antaike Development forecast that Zinc treatment charges paid to Chinese smelters may surge above USD 130 per tonne over June to July from below USD 100 per tonne in May as more Chinese zinc mines restarted operations due to a rebound in international prices. For full [...]
Chelyabinsk Zinc Plant, Russia’s top producer of anti-corrosive metal, declared that it has made a net loss of $105 million last year, mainly due to low zinc prices. For full story, click here
Inmet Mining declared its first-quarter profit dip 52 percent, hit hard by a year-over-year decline in copper and zinc prices. For full story, click here
Sterlite Industries India Ltd., the nation’s leading copper and zinc producer, a dip in profit for the third straight quarter after copper-refining fees failed to offset a dip in zinc prices. For full story, click here
India’s largest zinc producer, Hindustan Zinc Ltd., raised metal prices for the second time in three days to match global rates. For full story, click here
Zinc prices have been recovering in line with other base metal prices over the past few months. The recovery in zinc producers has been led by the likes of Shenzhen Zhongiin, Hudbay Minerals, Yunnan and Hindustan Zinc. For full story, click here
By Leia Michele Toovey- Exclusive to Zinc Investing News Lead and zinc prices both started 2009 strongly, but as the year has progressed lead’s better near term fundamentals have led it to continue as the more robust of the two metals. Zinc stocks on the London Metal Exchange have consistently risen; through the month of [...]
Hindustan Zinc Ltd hiked the zinc prices, today, in line with the possibility of rise in the metal demand. For full story, click here
Global zinc prices on the London Metal Exchange opened this month at 49 cents per pound, continuing the downward trend from their price of 50 cents in February 2009 and 54 cents in January 2009. Mr James Hensler CEO of Horsehead Corporation, said: It’s soft right now, pretty much across the board. We are certainly [...]
Zinc prices may average $1,285 a ton this year, 32 percent lower than last year’s average, as demand continues to be weak, as per Canberra-based Australian Bureau of Agricultural and Resource Economics. For full story, click here
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