SteelMint

Tag: base metals zinc

  • LME zinc extends gains w-o-w on persistent inventory drawdown

    LME zinc extends gains w-o-w on persistent inventory drawdown

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    by

    Prerana Rout
    in ,

    Continuous stock drawdown signals tightening visible supply Buying activity remains cautious, largely need-based London Metal Exchange (LME) zinc prices continued their upward momentum in the week ended 4 April 2026, supported by a sustained drawdown in exchange inventories and improved mid-week sentiment. Prices strengthened notably during the week, moving above the $3,200/t level, as tightening…