BASE METALS

Winter gloom as China's zinc demand to remain weak

China's zinc market is expected to remain subdued until at least next spring as policymakers in Beijing are not expected to seriously address the two main drags on the Chinese economy - the zero-COVID strategy and the beleaguered housing sector - until annual parliamentary and legislative meetings take place next March.

Shi Weijun
 Zinc ingots

Zinc ingots

A housing slump has depressed Chinese demand for commodities including zinc-coated galvanised steel for more than a year now, with attempts to revitalise the sector hampered by aggressive rolling COVID...

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