LME Zinc Hits Nearly 10-Year High on China Reason

Published: Aug 16, 2017 17:45

Save

LME zinc reached a 10-year high on Wednesday since recent big gains in steel prices boosted raw material markets.

SHANGHAI, Aug. 16 (SMM) – LME zinc reached a 10-year high on Wednesday since recent big gains in steel prices boosted raw material markets.

Some Chinese Zinc Smelters Witness Zinc Ingot Tightness, SMM Reports

LME zinc rose 1.6% on August 16 to breach $3,000 per tonne.

CNMC Signs MOU with Australia Zinc Explorer on Lead-Zinc Mine Project

China’s infrastructure construction has driven up steel prices sharply over the past few months.

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

zinc imports zinc prices zinc inventories LME zinc SHFE zinc

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

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

Related News

11 hours ago

Kazzinc’s Zinc and Lead Plants Operating at Reduced Capacity After Ust-Kamenogorsk Blast

Kazzinc said on Tuesday that its zinc and lead plants at the Ust-Kamenogorsk metallurgical complex in eastern Kazakhstan are operating at reduced capacity following last week’s explosion. The incident occurred at Kazzinc’s zinc plant, killing three people and injuring five others. Kazzinc, Kazakhstan’s largest producer of zinc, lead and precious metals and owned by Glencore, has not disclosed the extent of the impact on output. Clean-up operations and an investigation into the incident are still ongoing.

11 hours ago

15 hours ago

Data: SHFE, DCE market movement (May 12)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 12 May , 2026

15 hours ago

19 hours ago

Peru's Energy Crisis Disrupts Zinc Concentrate Supply [SMM Analysis]

[Peru's "Gas Shortage" Energy Crisis Disrupts Zinc Concentrates Supply] Due to a rupture in Peru's natural gas pipeline (Megantoni district, Cusco province), the country fell into a "gas shortage" predicament, with electricity production and fuel supply severely affected. State-owned oil company Petroperú plunged into a serious financial crisis, and Peru is facing a severe nationwide energy crisis.

19 hours ago