By Leia Michele Toovey- Exclusive to Lead Investing News Chinese lead and zinc refineries are interested in integration and expansion, but not mergers or acquisitions. The Chinese government showed its support by providing a plan to encourage the non-ferrous industries to restructure and integrate. The government has also mentioned that it wants to support the [...]
By Leia Michele Toovey- Exclusive to Lead Investing News The zinc industry has been quick to respond to the slump in prices and a host of producers have announced cutbacks and closures. However, without a definitive shift in the current global economic current; supply cuts have yet to directly improve pricing. In Shanghai, spot [...]
By Leia Michele Toovey- Exclusive to Zinc Investing News The global economic outlook seems to worsen everyday. The US, China, and India are witnessing an economic slowdown. Data coming out of Japan shows that the economy there has entered into a recession in the third quarter as corporate spending and export demand slumped. The 15 [...]
Metal prices recovered sharply on the non-ferrous metal market here today due to fresh stockists buying in view of higher advices from London Metal Exchange (LME). Lead prices eased on lack of industrial demand. For full story, click here
China’s fragmented lead industry is expected to undergo consolidation within the next five years as small sized miners and smelters are increasingly being forced out of business due to plummeting product prices. For full story, click here
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