Saw this last night regarding Zinc supply worries.
News Summar yDJ Zinc Advances Amid Supply Woes -- Market Talk14 Oct 2021 13:15:362 Views0215 GMT - Zinc advances in the Asian morning session amid supply woes. Nyrstar, one of the world's largest zinc producers, said Wednesday it will curtail output further at its three European smelters in response to surging energy prices, cutting production by up to 50%. This follows Nyrstar's announcement last week that it cut production at its smelter in the Netherlands, ING says, estimating there could be around 40,000 to 50,000 tons of losses of zinc metal per month. Three-month LME zinc futures are up 1.0% at $3,434.00 a ton. ([email protected])(END) Dow Jones NewswiresOctober 13, 2021 22:15 ET (02:15 GMT)
Maybe the tide is finally turning.
Saw this last night regarding Zinc supply worries.News Summar...
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