SteelMint

Tag: zinc supply conditions

  • LME zinc extends gains w-o-w despite sharp inventory build

    LME zinc extends gains w-o-w despite sharp inventory build

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    by

    Prerana Rout
    in ,

    Need-based procurement continues at elevated prices Supply pressure emerges after late-week stock increase London Metal Exchange (LME) zinc prices maintained their upward momentum in the week ended 8 May 2026, supported by steady buying interest and firm market sentiment. Prices remained higher on a w-o-w basis despite a sharp increase in exchange inventories towards the…