SMM Zinc Morning Summary: US Unemployment Rises, LME Zinc Volatile but Declines

Published: Mar 10, 2025 08:49
[SMM Zinc Morning Meeting Summary: US February Unemployment Rate Higher Than Previous Value, LME Zinc Fluctuates at High Levels]: Last Friday, LME zinc opened at $2,929/mt. At the beginning of the session, LME zinc reached a high of $2,929/mt, then fluctuated around the daily average line. During the night session, it declined to a low of $2,873.5/mt, then maintained a low-level fluctuation trend, finally closing down at $2,882/mt, a decrease of $44/mt or 1.5%...

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Tata Steel and Hindustan Zinc announced partnership to integrate the low-carbon zinc solution EcoZen.
5 hours ago
Tata Steel and Hindustan Zinc announced partnership to integrate the low-carbon zinc solution EcoZen.
Read More
Tata Steel and Hindustan Zinc announced partnership to integrate the low-carbon zinc solution EcoZen.
Tata Steel and Hindustan Zinc announced partnership to integrate the low-carbon zinc solution EcoZen.
Tata Steel and Hindustan Zinc announced on Monday, 25 March 2026, a partnership to incorporate EcoZen, a sustainable and environmentally friendly steel production solution, producing low carbon-zinc. HZL’s EcoZen is manufactured using renewable energy and has a certified carbon footprint of less than 1 tonne of CO₂ equivalent per tonne of zinc, around 75% lower than the global industry average of production. This allows downstream industries to significantly reduce toxic emissions across the value chain.
5 hours ago
Data: SHFE, DCE market movement (Mar 25)
6 hours ago
Data: SHFE, DCE market movement (Mar 25)
Read More
Data: SHFE, DCE market movement (Mar 25)
Data: SHFE, DCE market movement (Mar 25)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 25 Mar , 2026
6 hours ago
US Dollar Index Strengthened, LME Zinc Came Under Pressure and Edged Lower [SMM Zinc Morning Meeting Summary]
13 hours ago
US Dollar Index Strengthened, LME Zinc Came Under Pressure and Edged Lower [SMM Zinc Morning Meeting Summary]
Read More
US Dollar Index Strengthened, LME Zinc Came Under Pressure and Edged Lower [SMM Zinc Morning Meeting Summary]
US Dollar Index Strengthened, LME Zinc Came Under Pressure and Edged Lower [SMM Zinc Morning Meeting Summary]
[SMM Morning Zinc Briefing: Stronger US Dollar Index Put LME Zinc Under Pressure and Slightly Lower]: Overnight, LME zinc opened at $3,095/mt. After the opening, LME zinc fluctuated downward along the daily average line, hitting an intraday high of $3,097/mt. Near the close, LME zinc fell to a low of $3,027/mt, and finally closed down at $3,038.5/mt, down $64.5/mt, a decline of 2.08%, while trading volume decreased to 11,298 lots...
13 hours ago
[SMM Zinc Morning Meeting Summary: US February Unemployment Rate Highe - Shanghai Metals Market (SMM)