Houston, Texas – US Zinc has increased spot premium prices for all grades of zinc oxide as of 15 Sept, with customers currently under contract not affected by the price change.
The US supplier of zinc oxide said that the price hike was being introduced to counter increased zinc premiums and other cost pressures.
“Current spot premiums in the market are not sustainable,” said US Zinc president Tracy Baugh.
“Ultimately, this price increase allows us to stay ahead of market demand, while maintaining the highest quality and customer service our customers have come to expect,” he added.
US Zinc is a manufacturer, recycler and supplier of zinc oxide, zinc dust, zinc metal and zinc fines, with plants in North America, South America and Asia.