European smelter hits mean another year of zinc shortfall
By Andy Home
May 17, 202210:00 AM GMT+10Last Updated 15 hours agoSuch are the perils of trying to capture a snapshot in time of zinc's fast-moving fundamentals.
Refined metal production, however, didn't, global output rising by an anaemic 0.4% relative to 2020.
MINE BOOM
Or it is for those producers who don't have to worry about record high power prices.
METAL SHORTAGE
Mine surplus should be a leading indicator of metal surplus subject to shipping and processing time.
A NARRATIVE KINK?
The smelter twist in the zinc story isn't going away any time soon, it seems.
The opinions expressed here are those of the author, a columnist for Reuters
Column: European smelter hits mean another year of zinc shortfall | Reuters
cheers.
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