Monday, November 16, 2009

Zinc Prices Up 80 Per Cent This Year

Kazakhstan Today reportsthat prices rose in the world zinc market in October while in November prices have fluctuated in different directions. From the beginning of the year, the prices for of zinc has gone up by 80%.

There are fundamental reasons for the increase: a sharp reduction of supply of this metal last year and increase of demand.

According to the International Lead and Zinc Study Group, for 8 months of 2009, world zinc production decreased by 7%.

Source: Steel Guru

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