Freight, supply concerns lift zinc premiums
Jan 17, 2013 | 03:12 PM
| Daniel Fitzgerald
Tags
zinc alloy premiums,
SHG premiums,
special-high-grade zinc,
zinc prices,
zinc,
London Metal Exchange,
LME,
New Orleans warehouse
Daniel Fitzgerald
NEW YORK — Free-market zinc alloy premiums have risen by a penny, with alloy producers citing increased freight costs and a perceived tightness of special-high-grade (SHG) zinc.
The benchmark No. 3 and No. 7 alloys increased to a range of 18 to 20 cents per pound from 17 to 19 cents, while the No. 5 alloy moved to 20 to 22 cents from 19 to 21 cents.....
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