Key Facts

Zinc-linked miners eased as investors marked down Latin American producer proxies on concerns about near-term galvanised steel demand and construction activity in key import markets.

Nexa Resources slipped to 12.87 $ with the move reflecting a wider risk-off tone toward base metals and Peru–Brazil exposure to zinc-heavy smelting and refining.

Buenaventura closed at 30.91 $ as traders treated the Peruvian group as a diversified precious and base metals proxy rather than a pure zinc play.

Peru, Mexico and Bolivia remain core zinc suppliers underpinning global concentrate flows even as investors focus more on demand-side signals from steel, autos and construction.