You are viewing:-
you're reading...
1.Market Observations, 2.Economic forecasts, 8.Was Sticky

30 Sept 2016 (TheAge) – China’s rusty cars set to sustain rally for zinc, this year’s hottest metal

(30 September 2016, The Age, BusinessDay, p31, David Stringer)

‘China’s drivers will increasingly demand rust-proof cars. That’s good news for the price of zinc, theanti-corrosion fighter that’s already this year’s top performer among base metals. Annual passenger vehicle sales in China will rise to 24 million in 2020, from 19 million last year, McKinsey forecasts. But only about a third of locally-manufactured autos use galvanised panels to prevent corrosion and rusting, according to Sydney-based Heron Resources, one of a number of developers building or reopening zinc mines.’



About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: