AZMCF - If Low Prices Persist Zinc Production Cuts Could Increase
Zinc prices have been on a downward trend for several months, and they are expected to remain low until 2025 based on weak demand and oversupply. Even though the output from zinc mining and refining companies is growing, analysts expect demand for zinc to remain weak through the next few years, resulting in a cap on prices.
Weak demand in the construction sector has been a major factor in the decline of zinc prices, with many miners making little to no profits as prices dipped under $2,400 a metric ton and...
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