Zinc, Aluminum Premiums to Climb on Scarcity

Bloomberg reports that premiums paid for zinc and aluminum in the U.S. is likely to rise in the next few weeks.

The market news is quoted as saying:

Zinc premiums, added to the price of immediate-delivery metal on the London Metal Exchange, more than doubled in the past year to 6 to 7 cents a pound even as inventories swelled, Macquarie analysts including London-based Duncan Hobbs said in a report today.

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