Zinc and lead premiums were stable across the United States, Europe and Asia in the first week of 2021 despite Korean zinc smelter Young Poong's closure due to environmental reasons and the tightening of US lead supply.
Spot premiums for lead and zinc ingots remained stable in the United StatesLead ingots supply tightening in the USEuropean premiums stable with market still quiet due to January 6 public holidaySouth Korea's Young Poong zinc smelter has been ordered to shut for two months; Shanghai zinc premium unchangedFastmarkets assessed the lead 99.97% ingot premium, ddp Midwest US at 9.5-10.5 cents per lb on Tuesday January 5,...