Another great reason to be long Zinc and IBG! International...

Another great reason to be long Zinc and IBG!

International Galvanizing Conference to discuss potential zinc market in India being held on the 20th and 21st of October...

“India loses around 4-5% of GDP annually on account of corrosion losses. Western countries, which are far ahead of us in terms of Infrastructure, mandate the use of galvanized steel structures in bridges, highways, public utility, airports, metro stations, railways stations etc. and are thus able to preserve long-lasting and robust structures,” Sunil Duggal, CEO of Hindustan Zinc. “Galvanizing is not only important for the long life of public structures, but also for the safety and security of the public using these structures. For instance, Athens Bridge Pennsylvania & Curtis Road Bridge Michigan -- structures that utilize galvanized steel rebars -- have much longer lifespan than the conventional bridges built with normal black steel rebar,” he added.

http://economictimes.indiatimes.com...zinc-market-in-india/articleshow/54897301.cms