(Bloomberg) -- Zinc rose to a three-week high on
signs of revived demand for the metal used to galvanize steel.
Lead pared gains that drove it to a record and aluminum was
little changed.
Stockpiles of zinc tracked by the London Metal Exchange
dropped 475 metric tons, or 0.7 percent, to 69,350 tons, the
exchange said today in a daily report, the lowest in 16 years.
World demand growth will exceed supply this year by 20,000 tons,
said Kona Hague, an analyst at the Economist Intelligence Unit.
Read more at Bloomberg Commodities News
signs of revived demand for the metal used to galvanize steel.
Lead pared gains that drove it to a record and aluminum was
little changed.
Stockpiles of zinc tracked by the London Metal Exchange
dropped 475 metric tons, or 0.7 percent, to 69,350 tons, the
exchange said today in a daily report, the lowest in 16 years.
World demand growth will exceed supply this year by 20,000 tons,
said Kona Hague, an analyst at the Economist Intelligence Unit.
Read more at Bloomberg Commodities News
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