SHANGHAI, Mar. 23 (SMM) - Zinc is not in deficit at present but will see shortages in the second half of this year, said Zhu Yi, an analyst from Bloomberg Intelligence at the SMM 2017 Copper & Aluminum Summit.
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Zinc smelters shut down as zinc concentrate TCs are falling, and this will reduce zinc capacity. So, zinc ingot supply is expected to fall short of demand, said Zhu.
The zinc industry is suffering from cash flow problem. Some smelters will restart but will not contribute to output any time soon.
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