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ZINC SUPPLY SHORTAGE
Hindustan Copper shares rally 7% as red metal prices near six-week peakHindustan Copper shares surged on Wednesday as global copper prices hit a six-week high amid easing Middle East tensions and hopes of renew...- Jindal Steel deploys syngas in furnaces to counter shortages of natural gas, LPGJindal Steel has successfully used syngas in its galvanizing and color coating furnaces. This move counters shortages of natural gas, LPG, ...
- Copper surges after Trump postpones military strikes on Iranian power plantsCopper prices jumped on Monday after U.S. President Donald Trump said he will order the U.S. military to postpone any military strikes agai...
- JSW Steel shares rise over 2%, after arm seeks govt help to secure gas supplies amid Middle East crisisJSW Steel's unit is requesting government help to secure vital fuel supplies. Ongoing global tensions have created shortages of liquefied n...
- Steel companies seek government intervention as coated steel units stare at propane shortagePropane gas is used to provide the steady heating required to melt zinc during the coating process, ensuring a smooth and corrosion-resista...
- Commodity Radar: Zinc’s tight inventories bolster fundamentals; favourable charts hint at buying opportunity, says Religare analystZinc futures fell 0.8% on MCX to Rs 302.35 as traders cut positions amid sluggish domestic demand, even as global zinc prices rose on tight...
- Commodity Radar: Zinc’s overbought condition to trigger near term consolidationZinc contracts on MCX rose 0.27% to Rs 294/kg, defying global declines. Supply shortages, low LME stocks, and refining bottlenecks supporte...
- Metals touch record high, Zinc soars as energy crisis cuts supplyBase metals soared, led by zinc's surge to its highest price since 2007 after European smelters became the latest casualties in a global en...
- Covid-19: Key drugs, steroids in short supply; input costs surgeTwo anti-virals — Remdesivir and Favipiravir — and Tocilizumab injections being used in the Covid-19 treatment have witnessed massive short...
- Centre focuses on OTC drugs under Covid managementET has learnt that the issue was taken up at a recent meeting of the empowered group in view of the surge in their demand, especially for t...
- Tata Steel signs MoU with Hindustan Zinc for procuring zinc and other metals“This initiative would bolster the idea of Aatmanirbhar Bharat with one of the largest companies choosing to become vocal for local. Under ...
- Improvement in macro sentiment leading to recovery in aluminium, copper prices: ICRAGlobal supply demand scenario in both aluminum and copper has been conducive to a price recovery
- Likely trade thaw fires base metalsMCX copper corrected a tad to Rs 444.20 per kg and nickel by 1.45 per cent to Rs 1,132.30 per kg.
- Non-ferrous metals market continues to remain in deficit: ICRAAs per an ICRA note, the slowdown in production growth of aluminium and copper was in turn a result of capacity constraints, which is unlik...
- Zinc at 10-year high forces Indian miner to break with traditionThe Udaipur, India-based miner said it hedged zinc at $3,084 a ton and lead at $2,418 a ton.
- Chinese demand prospects likely to brighten zincZinc's performance in the coming months would be better given the tightening prospects of the refined market.
- Zinc bear market may end on Chinese demandAbout 50% of zinc is used to rust-proof steel and production of the alloy reached an all-time high of 31.7 million tonne in the second quar...
- World lead and zinc market in surplus for Q1 2009While rising equity markets and supposed revival in market sentiments are adding to gains of industrial metals, the demand supply scenario ...
- Zinc follows crude route as Chinese demand fallsTracking the huge volatility in gold and crude, base metals like zinc have also slumped by over 7% in the past week. Prices have dipped upt...
- Zinc up 8% on LME price increaseZinc prices have risen by almost 8% since last Monday on MCX. The March contract closed at Rs 152.75 per kg, from Rs 141.9. The near month ...
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