May 2012 | Steel Raw Materials
Cancelled warrants more than double, as prices slide: Zinc Highlights
Some significant additional zinc cancellations may be forthcoming in the near future, which will tighten availability and support premiums.
As prices are coming under pressure, it looks as though producers and traders are stepping up their efforts to keep premiums elevated. What has worked in aluminium now seems to be spreading to other metals. In mid-April, cancelled warrants on lead shot higher from 20,000 tonnes to 85,000 tonnes and last week it was the...
You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.
Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as its published.