BB I appreciate what you say,but would not the demand for Galvanised Steel ,still lag the demand for black steel.?
I am wanting to restart accumulating, at these levels,but just looking for a indicator that says the worm is about to turn. The LME Zinc stockpile of 867,725 tonnes looks huge for the moment while that surplus is operating.
At the risk of missng the boat,my tendency is to hang off for another 3mths or so,even though the sp is definitely below fair price now.
KZL Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held
