US zinc premiums unfazed by LME’s rise

Sep 19, 2012 | 05:20 PM | Daniel Fitzgerald

Tags  zinc premiums, zinc prices, zinc alloy premiums, special-high-grade zinc, SHG zinc, LME, Daniel Fitzgerald

NEW YORK — The recent surge in London Metal Exchange zinc prices has largely quelled spot trading, according to traders, with U.S. free-market premiums unchanged despite the rise in commodity prices.

The benchmark No. 3 alloy held in a range of 16.5 cents to 18.5 cents per pound, although one alloy producer reported major tonnage transacted at up to 20 cents per pound delivered into Canada.....

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