Metals News
SMM Morning Review - 2012/5/4 Zinc Market
smm insight
09:41AM
May 4,2012
Source:SMM

SHANGHAI, May 4 (SMM) – Growth in US non-manufacturing sector in April is slower than expected. ISM released PMI was 53.5 in April, lower than 56.0 in March, and compared to 55.5 expected. LME zinc prices inched down due to negative data from US service sector, falling below USD 2,000/mt. Finally, LME zinc prices closed at USD 1,992.5/mt, down USD 34.5/mt.
 

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