Home / Metal News /  / Nyrstar May Default Next Year on Slumping Zinc Prices
Nyrstar May Default Next Year on Slumping Zinc Prices
Oct 26,2015 15:20CST
company news
Source:SMM
Nyrstar, the largest zinc producer in Europe, may default next year, due mainly to the plunge in zinc prices, according to cnstock.com.

SHANGHAI, Oct. 26 (SMM) - Nyrstar, the largest zinc producer in Europe, may default next year, due mainly to the plunge in zinc prices, according to cnstock.com.

“We might be unable to pay off debt due in May 2016,” said Nyrstar’s Chief Executive Officer Bill Scotting. Nyrstar slumped 27% October 22 to 1.532 euro per share, its biggest daily losses since its list in October 2007, and falling to the lowest in six years.

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn. 


Nyrstar
zinc prices
default

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news