Spot appetite for zinc and lead were weak across different regional markets this week while respective lockdowns adversely affect industrial activities including steelmaking and battery manufacturing, sources said on Tuesday April 7.
Some zinc producers in Europe maintained operations to fill up on lost output from Latin America, while spot appetite for zinc ingots remained minimal Two major battery makers in the US have cut production, which is weighing on spot demand for lead High zinc inventory levels in China have kept importers away from buying overseas zinc ingotsEuropean premiums steady with spot opportunities minimalYet deals...