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Reuters Africa reported that April zinc exports from Japan were down 40% from the previous year.
Reuters Africa reported that April zinc exports from Japan were down 40% from the previous year.
The market news is quoted as saying:
The wider year-on-year drop in April reflected the impact from a March 11 earthquake which devastated northeast Japan and shut nearly 65 percent of the country’s production capacity of zinc, used in automotive steel sheet and construction materials.