Mitsui Mining & Smelting announced on Wednesday the firm revised down the official zinc ingot price by 5,000 yen to 250,000 yen per tonne for domestic shipment in June. The price hit the yearly lowest following the decline of overseas zinc market. The monthly average would be 251,700 yen without any more revision within June.Zinc spot price at London Metal Exchange was US$ 1,902 per tonne at settlement on 10 June, down by US$ 48 from the previous day. LME nonferrous metal prices were wholly weak to reflect the underlying trend of stronger US dollar and the drop down in Shanghai stock market.
Japan Steel Scrap Composite Prices (Sangyo Press)
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