Ann: Symbol Finalises Logistics Agreement, page-15

A good perspective of the current zinc market and what has been happening and potentially why. Have a read:

https://uk.reuters.com/article/us-m...l-or-noise-the-zinc-perspective-idUKKBN1L11ID


'....If Doctor Copper and his metallic friends are to be believed, global manufacturing is heading for a cliff-edge.
But should we believe them?
Those analysts that track the complex are not convinced.
“There were no metals-specific data or news that could explain the price slump,” according to Commerzbank’s daily commentary.
“We regard the price slide as exaggerated, absurd and unjustified.” ....'

'....Any hard evidence of actual demand slowdown, meanwhile, remains elusive.
The entire global steel sector is still in a sweet spot, with production and margins rising in just about every major producer, first and foremost China itself.

The galvanised part of the sector can and often does gyrate to its own stocks cycle but its broader fortunes remain linked to the bigger steel picture, which remains surprisingly robust. ....'