Zinc alloy premiums fall on declining LME prices
Mar 28, 2013 | 12:25 PM
| Suzy Waite
NEW YORK Declining London Metal Exchange zinc prices have pushed U.S. zinc alloy premiums down, although special-high-grade premiums remain firm.
Three-month LME zinc fell to $1,886 per tonne in the March 27 official session, down 2.8 percent from $1,940.50 the previous day and 14.8 percent below this years high of $2,213 per tonne on Feb. 12.
Premiums for die casting alloys Nos. 3 and 7 fell to 17 to 19 cents per pound from 18 to 20 cents previously; No. 5 alloy slipped to 19 to 21 cents per pound from 20 to 22 cents; and No. 2 alloy fell to 22 to 25 cents per pound from 23 to 26 cents.....
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