Key Facts
Nexa Resources shares closed flat ending the New York session at US$12.85 as investors weighed the zinc miner’s direct exposure to galvanised-steel demand.
Buenaventura edged up 0.63 per cent with its New York-listed shares settling at US$30.47, lifted by the firm’s broader precious- and base-metals portfolio.
Peru remains the world’s second-largest zinc producer with output concentrated in the central Andes where Buenaventura and Nexa both operate significant polymetallic mines.
Galvanised steel consumes over half of global refined zinc linking the metal’s fortunes directly to construction, infrastructure spending and automotive manufacturing cycles.
