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Re: DigiTech post# 58919

Friday, 11/17/2006 11:44:46 AM

Friday, November 17, 2006 11:44:46 AM

Post# of 173801
winter zinc usage...Digitech: The principal use of zinc in the construction is as a plating over steel to reduce corrosion. The steel, not the zinc, provides the strength so I don't see how cold weather would be a factor.

I recall reading that many smelters closed for maintenance in the early fall for maintenance. That could actually account some of the recent drawdowns. Also worth noting that China is raising its export tax on base metals. They obviously want to keep as much as possible for home usage. It seems to me that will also make world supplies even tighter.

Zinc inventories and zinc miners are both down again today. Must be time to Buy..

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