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Home / Metal News / Glencore Zinc Output Jumps 13% in H1, But Annual Output Estimation Downgraded

Glencore Zinc Output Jumps 13% in H1, But Annual Output Estimation Downgraded

Jul 27, 2017 15:16

Glencore’s zinc output jumped 13% on a yearly basis in the first half of 2017, due mainly to excellence performance at its mines, it said on Thursday.

SHANGHAI, Jun. 27 (SMM) - Glencore’s zinc output jumped 13% on a yearly basis to 578,800 tonnes in the first half of 2017, due mainly to excellence performance at its mines, it said on Thursday.

Vedanta Zinc Output in India Skyrockets in Q1 2018 FY

But the company lowered its forecast for annual production.

Zinc Spot Discounts Shrink in Shanghai, Price Spread Narrows between Domestic and Imported Zinc, SMM Reports

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Total zinc ingots inventories across seven major markets in China stood at 284,100 mt as of April 15, up 6,100 mt from April 8, down 3,700 mt from April 11.

Apr 15, 2022 17:49

Analysis

SMM China Zinc Inventory across Major Market Rose 6,100 mt on Week

SMM Morning Comments (Jan 4): Base Metals to Trend Lower as US Dollar Index Rebounds

Shanghai base metals mostly trended lower on Tuesday morning after US dollar rallied significantly. Meanwhile, their counterparts on LME performed similarly.

Jan 4, 2022 10:00

SMM Comments

SMM Morning Comments (Jan 4): Base Metals to Trend Lower as US Dollar Index Rebounds

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

Shanghai nonferrous metals mostly closed in the positive territory as the market was cheered up by the macro front, as China released its December official manufacturing and non-manufacturing PMI readings, which topped market expectation.

Dec 31, 2021 19:00

SMM Comments

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

SMM: Zinc Prices Are Unlikely to Drop amid High Electricity Prices in the Eurozone

SHFE and LME zinc prices once again hit new highs in two months, mainly owing to the continuously rising electricity and natural gas prices which rose by more than 20% amid intensifying energy shortages in the eurozone, according to SMM. Meanwhile, the costs of smelters also climbed due to low zinc concentrate TCs as a result of tight supply.

Dec 23, 2021 15:41

SMM Insight

SMM: Zinc Prices Are Unlikely to Drop amid High Electricity Prices in the Eurozone

Supply-Demand of Zinc Ingots to Return to a Tight Balance in December amid Maintenance at Smelters

Market focus this week includes the readings of the manufacturing PMI in the Eurozone in November and the Markit manufacturing PMI in the United States in November; the one-year loan market interest rate as of November 22 in China. On the events front, the Federal Reserve FOMC will release the minutes of the monetary policy meeting this Thursday; Bank of England Governor Bailey will deliver a speech this Friday.

Nov 23, 2021 10:15

SMM Insight SMM Comments

Supply-Demand of Zinc Ingots to Return to a Tight Balance in December amid Maintenance at Smelters

Zinc Prices to Correct amid Weak Consumption

The focus of this week includes the September seasonally adjusted trade account in the Eurozone; the November New York Federal Reserve manufacturing index; the October unemployment claims and unemployment rate in the United Kingdom; the Eurozone’s Q3 GDP annual rate readings and seasonally adjusted quarterly rate of employment; US retail sales monthly rate in October.

Nov 15, 2021 14:15

SMM Insight SMM Comments

Zinc Prices to Correct amid Weak Consumption

SMM Morning Comments (Oct 12): Base Metals Basically Rose amid Extended Power Rationing

Shanghai base metals basically trended higher on Tuesday morning amid extended power rationing. Meanwhile, their counterparts on LME mostly fell.

Oct 12, 2021 09:47

SMM Comments

SMM Morning Comments (Oct 12): Base Metals Basically Rose amid Extended Power Rationing

Spot zinc concentrate TCs to go up in 2018

Glencore’s 2018 zinc output forecast at 1.09 million mt was below market expectations, giving support to the zinc market.

Dec 22, 2017 18:00

Analysis

Spot zinc concentrate TCs to go up in 2018

China Zinc Output to Grow in September after Maintenance at Some Zinc Smelters, SMM Reports

China’s zinc ingot output will grow slightly in September since some zinc smelters have completed maintenance, SMM predicts.

Aug 30, 2017 17:59

SMM Insight

China Zinc Output to Grow in September after Maintenance at Some Zinc Smelters, SMM Reports

Nyrstar Restarts Middle Tennessee Zinc Mine Ahead of Schedule

Nyrstar said on Wednesday it had restarted the Middle Tennessee zinc mine in the US earlier than planned.

Aug 3, 2017 16:12

Industry Reminder

Nyrstar Restarts Middle Tennessee Zinc Mine Ahead of Schedule

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Glencore Zinc Output Jumps 13% in H1, But Annual Output Estimation Downgraded

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