Mitsui Mining & Smelting announced on Friday the firm decreased official zinc ingot price by 25,000 yen to 543,000 yen per tonne for domestic shipment in December. The price hit the lowest since 528,000 yen on November 20 to reflect the decline of overseas zinc market. The monthly averaged price became to 559,800 yen.Zinc spot price at London Metal Exchange continued to down by US$ 21 to US$ 4,280 per tonne at settlement on Thursday from Wednesday. LME price declined by 7% from US$ 4,600 of recent peak on December 5 when zinc inventory held by LME is increasing and LME copper price is sharply weakening.
Japan Steel Scrap Composite Prices (Sangyo Press)
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