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A strong global economy and dwindling supply pushing zinc price higher

Published: 10:31 29 Jan 2018 EST

Mining Capital's Alastair Ford says zinc, the metal used to make steel, is soaring in price due to the global economy marching forward and a strong demand for all sorts of metals.

Ford says because zinc supplies have dwindled, the prices have increased to the highest level in more than 10 years. 

Ford says he imagines the price of zinc will increase even higher, but he doesn't believe prices will double -- likely price increases will come in a more incremental and steady fashion because of the environment of stocks being low, and demand for zinc running pretty strong. 

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