Nyrstar sees Zinc recovery, on tracks with cuts
October 28, 2009 by goldguru · Leave a Comment
Nyrstar, the world’s biggest zinc producer, said on Wednesday the zinc market was showing recovery signs driven by higher demand in the Chinese, European and US steel industry, and was on track to cut costs.
Nyrstar said its zinc market metal production rose 6% in the third quarter to 207 000 tons from the previous three months, but was down 26% year-on-year for the first nine months of the year.