re: to datrat i agree jhamman Totally agree is all I can say. Look at the chart below that estimates zinc demand. Furthermore I have been hearing a lot about China steel firms going broke and I think that yes price rises cause a reduction in demand but this is not about demand vs price...this is about supply vs demand...but then Americans have never been that good at economics. Germany and Japan recently accepted a 19% increase in ore. The chinese are even more capable of accepting one as they have MUCH lower costs of production. If all else fails they could revalue the Yuan to make imports cheaper.
To quote: http://www.steelconstruction.org/steelconstruction/view?entityID=237&jsp=news_viewer&sessionID=-1146720953566&entityName=newsitem
'World Steel Demand Forecast to Grow by 7.3% in 2006.
Consumption of zinc is increasing: 47% is used for galvanized steel, 19% for brass, and 16% for zinc alloys. Zinc consumption is dependent on construction (48%) and automobile industry (23%).'
OXR
oxiana limited
re: to datrat i agree jhamman Totally agree is all I can say....
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