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Supply concerns continue to support zinc’s three-month price on the London Metal Exchange, which reached a peak of $3,837.50 per tonne on the morning on Thursday October 14, with most other base metal prices also starting the day higher.
Base metal prices on the London Metal Exchange remained robust during morning trading on Tuesday October 12, while power supply concerns in China and the rest of the world persist.
Domestic prices for hot-rolled coil moved down in the EU in the week to Friday October 8, reflecting the small number of new deals heard in the market and the achievable prices estimated by market sources.
September price peak marks fourth highest average in 30 years, bulk grade average pricing has shot up more than 150%
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