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David Fickling

Zinc's Supply Surge Is Coming

The current market's strength is on shakier foundations than bulls are prepared to admit.
Photographer: Matthew Staver/Bloomberg

Zinc is on a tear.

After aluminum, the metal used in galvanizing steel and sunscreens has been the best performing of the London Metal Exchange's six main contracts so far this year. Over the past week, the price chart has gone vertical -- busting through the $3,000 a metric ton level for the first time in a decade with a 5.4 percent jump Wednesday.