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    Zinc Gains on Faster Chinese Manufacturing Expansion

    Investing News Network
    Mar. 22, 2013 05:12AM PST
    Base Metals Investing

    Bloomberg reported that zinc gained for a third session as the world’s biggest industrial metals consumer, China ‘s manufacturing expanded at a faster rate.

    Bloomberg reported that zinc gained for a third session as the world’s biggest industrial metals consumer, China ‘s manufacturing expanded at a faster rate.

    As quoted in the market news:

    A Purchasing Managers’ Index from HSBC Holdings Plc and Markit Economics showed a preliminary reading of 51.7 in March, according to a statement today, compared with the 50.4 final level for February. Readings above 50 indicate growth.

    Click here to read the full Bloomberg report.

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