Higher steel tariffs in US will not obviously reduce demand for zinc. Higher US steel production will offset lower rest of world steel production.
The world is growing. Increased demand for steel going forward.
Zinc price down and A$ down. No problem.
From an RVR point of view I would like to see them increase the number of mining shift's, to make up for the mining shortfall and also to fill up the underutilises mill.
Seems a no brainer.
RVR Price at posting:
34.0¢ Sentiment: Buy Disclosure: Held