Tuesday, 3 April 2018

Zinc Gains Finding Support From Stronger Than Expected Manufacturing Growth

Zinc trading range for the day is 212.9-216.1.

Zinc gains finding support from stronger-than-expected manufacturing growth in top metals user China.

Surging zinc mine output will eventually lift annual charges for treating concentrates, but uncertain timing has led to a stand-off in talks between mines and smelters.

Mitsui Mining and Smelting Co Ltd, plans to produce 105,900 tonnes of refined zinc during April-September in the 2018/19 financial year, flat compared with a year ago.

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