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Smelting constraints make zinc's price plunge look overdone

Updated : July 17, 2018 07:59 PM IST

Prices of the metal, which is used to galvanise steel, have underperformed other LME metals this year.
Stocks of zinc in LME approved warehouses, which now stand at 239,625 tonnes, are down 60 percent since September 2015 when Glencore slashed 500,000 tonnes of annual zinc production.
Smelting constraints make zinc's price plunge look overdone

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