SteelMint

Tag: zinc price forecast

  • LME zinc recovers w-o-w on steady inventory drawdown

    LME zinc recovers w-o-w on steady inventory drawdown

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    by

    Prerana Rout
    in ,

    Prices rebound above $3,050/t Sustained stock decline supports prices London Metal Exchange (LME) zinc prices showed a mild recovery in the week ended 27 March, supported by a gradual drawdown in exchange inventories and improved sentiment mid-week. Prices traded within a narrow range but managed to hold above the $3,050/t level, as easing stock levels…