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Zinc prices soar by 50% as energy crisis hits output

发布时间:[2021-10-22 9:5:34]    浏览量:50次
It was understood that coated products prices increased by US$300-500/ton from last week, and the quotation is unstable due to zine prices.
In addition, some processing manufacturers stated that steel mills' attitude is strong and it is also necessary to observe whether the processing market will undertake or not.
Some smelters have confronted expensive electricity prices, leading to a gradual reduction in production. The global multi-metals manufacturer Nyrstar has already begun to reduce the production by 50% at its three European zinc smelters last week, which caused the LME zinc prices once to soar to US$3,749.5/ton, a 14-year high.

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