Understanding The Portnex/Zimasco Relationship
Unfortunately when it comes to understanding what is going on in Zimbabwe, discerning what is fact is always challenging. We have therefore sought the correct story from Zimasco and feel that it is necessary to share this with our clients so as to better understand the market situation. As part of its strategy to sweat […]
Zinc Prices Rebound: Vedanta Takes The Gamble
We draw attention to Zinc and its steady rise to a recent thirteen month high to $2,216/tonne on the 15thof July. With the metal generally one of the lesser used of the base metals, zinc last week rose due to concerns over a possible supply deficit. According to the International Lead and Zinc Study Group […]
Ferrochrome Second Quarter In Deficit
2Q16 was characterised by an extremely tight market. Many producers had shut down operations globally, including four furnaces in South Africa going bankrupt over the past 8 months. This resulted in the remaining producers selling only on a contractual basis, leaving very minimal stocks available to the spot market for both chrome ore and ferrochrome. […]