US Zinc Ingot prices shifted lower in late June as softer downstream demand met uneven upstream support. Early in the month, the Zinc Ingot market was pulled between a typical US off-season—where galvanizers and alloy producers reduced orders—and mine-side strength driven by tight concentrate supply and sharply reduced treatment charges. As June progressed, easing geopolitical tensions, lower oil and shipping costs, and a firmer US dollar following hawkish Federal Reserve signals collectively pressured values. By late month, buying interest weakened and import cost curves relaxed, pushing Zinc Ingot into a clear correction. Overall, the market moved from stable, range-bound trading into a softer close, reflecting shifting fundamentals across the Zinc Ingot supply chain.
US Zinc Ingot demand weakened through June as galvanizers and alloy producers cut procurement, leaving spot activity under pressure. Order books thinned across both segments due to seasonal slowdown, while mine-side...
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