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Zinc Production Dropping in Japan

Investing News Network
Jun. 23, 2011 03:27PM PST
Base Metals Investing

Bloomberg reports that Zinc production in Japan may inch down by at least 9 percent in 2011.

Bloomberg reports that Zinc production in Japan may inch down by at least 9 percent in 2011.

The market news is quoted as saying:

The world’s third-biggest economy will likely produce about 542,000 metric tons, down from an estimate of 597,000 tons before the disaster, said Nobuyuki Nakamoto, general manager at Mitsui Mining & Smelting Co.’s zinc business. The country may import as much as 80,000 tons this year, the highest level since 2000, he said in an interview in Tokyo.

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