SMM

SMM statistics showed that China's refined zinc output was 604,600 mt in October, a growth of 60,600 mt or 11.14% month-on-month and up 17.6% year-on-year, exceeding expectations. The output totalled around 5.45 million mt from January to October, up 10.65% year-on-year. Domestic zinc alloy production in October was 98,180 mt, an increase of 9,900 mt from the previous month.