U.S. Gulf: Market watchers reported a flat U.S. Gulf market, with price ideas holding steady at $45-$50/mt CFR.
Sources traced the levels to Northwestern European smelter offers in the $10-$15/mt FOB range, along with recent business at Brazil reported at $45-$55/mt CFR. Atlantic liquid freight was called $30-$35/mt. Cargoes headed to Chile were expected to fetch $55-$65/mt CFR.
Domestic sulfuric acid delivered to the West Coast was quoted at $110-$115/mt DEL, while business in the U.S. Gulf was reported at $90-$95/mt DEL, unchanged from the previous report. Sales into the Midwest were called $80-$90/mt DEL, also flat from the prior week.
London Metal Exchange zinc climbed higher last week, trading at $2,312.50/mt on Aug. 24, a 2.2 percent increase from $2,260.50/mt in the previous report.