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Japanese zinc exports in April plunges by 40pct YoY

Friday, Jun 03, 2011
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Reuters reported that Japan's refined zinc exports for April plunged 40 percent from a year earlier to 5,047 tonnes widening from March's YoY decrease of 34.6%.


Ministry of Finance data showed that the wider YoY drop in April reflected the impact from a March 11 earthquake which devastated northeast Japan and shut nearly 65% of the country's production capacity of zinc used in automotive steel sheet and construction materials.


Taiwan remained by far the biggest market for Japan's refined zinc in April, accounting for 25% little changed from March while China made up 5%. Indonesia accounted for about 27% up from 21% in March.

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