METALS-Shanghai zinc prices pick up from 1-yr low as inventories drop
July 17, 2018 at 22:23 PM EDT
Shanghai zinc was on course for its first rise in seven trading days on Wednesday, moving away from the previous session's one-year low as it tracked Tuesday's gains in London, where zinc inventories have fallen for six straight days. The metal, used to galvanise steel, is still down 11.6 percent so far this month in Shanghai on concerns about oversupply. FUNDAMENTALS * SHANGHAI ZINC: The most-traded September zinc contract on the Shanghai F
