SHANGHAI, Nov. 24 (SMM) - Ten large zinc smelters in China plan to cut refined zinc output by 500,000 tonnes in 2016 now that zinc prices have fallen to a six-year low, according to NBD sources.
These zinc smelters include Zhuzhou Smelter Group, Zhongjing Lingnan Nonfemet, Chihong Zn&Ge and Baiyin Nonferrous Metals Company. The projected output cut will affect about 10% of domestic zinc output next year, and is expected to lend significant boost to zinc prices in the near term.
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: firstname.lastname@example.org or email@example.com.