SMM Morning Review - 2010/3/18 Nickel Market

LONDON, Mar. 18 -- The global refined zinc market recorded a surplus of 119,000 metric tons in January, the World Bureau of Metal Statistics said Wednesday.
The market was in a 386,000 ton surplus for all of 2009.
World zinc demand was 249,000 tons higher in January 2010 than in the same month a year ago, the statistics bureau said, without providing the absolute figures. Refined zinc production was also higher in January than the &quot;very low levels recorded at the beginning of last year,&quot; the statistics bureau added, without providing any figures.
Global slab zinc production in January was 1.095 million tons while consumption was 976,000 tons.
 
&nbsp; 
&nbsp;