SHFE Zinc Leads Price Declines, Ferrous Metals Plunge

SHANGHAI, Oct. 10 (SMM) – SHFE base metals mostly fell on October 10 and closed with losses, except for nickel.

LME Base Metals Inventory during Sept 29-Oct 6

SHFE zinc and lead fell 2%, leading price drop.

SHFE Zinc Hits 10-Year High, Ferrous Metals Mixed

Ferrous metals tumbled today. DCE coke closed 5% lower, and SHFE rebar dropped over 4%. SHFE hot-rolled coil and DCE coking coal slid over 3%, and DCE iron ore slumped over 2%.

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