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Home / Metal News / 2016 SMM Summit: What Drove up Zinc Prices in 2016?

2016 SMM Summit: What Drove up Zinc Prices in 2016?

Nov 15, 2016 12:57

Source:SMM

Closures at zinc mines in 2015 have shown result to zinc market in 2016, SMM said at the 2016 SMM Summit.

SHANGHAI, Nov. 15 (SMM) - Closures at zinc mines in 2015 have shown result to zinc market in 2016, SMM said at the 2016 SMM Summit.

Century and lisheen mine were shut down in 2015. Glencore cut capacity at its mines in 2015. After its announcement, LME zinc surged 10% on the same day.

Hindustan Zinc slashed output by 830,000 tonnes in 2016. As such, global zinc concentrate shortfalls will reach 170,000 tonnes in 2017, SMM predicts at the Summit.

2016 SMM Summit: China Refined Zinc Output to Slide in 2016

2016 SMM Summit: What Fundamental Factors will Affect Zinc Prices in 2017?

Collections of Stories in Base Metal Market at SMM 2016 Annual Summit

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2016 SMM Summit: What Drove up Zinc Prices in 2016?

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