Zinc Remains in Deficit Throughout 2013

  • Tuesday, January 21, 2014
  • Source:-

  • Keywords:Metal,Zinc,Market,Prodution,2013
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[Ferro-alloys.com] The International Lead and Zinc Study Group reported that the global zinc market was in deficit for the first 11 months of 2013 by 18,000 mt. Meanwhile, during the same period, stock was depleted by 301,000 mt. Mine production from January to November of 2013 was 12,142,000 mt, while metal production was 12,080,000. When compared to the same 2012 period, mine production was up by 1.2%, attributable to rises in Burkina Faso, China, India, and Peru. Decreases, meanwhile, were witnessed in Australia, Canada, and Mexico. Global refined zinc production was up by 5.8%, while China’s output rose by 13.1%. Usage in Europe declined by 0.9%, but was offset by growing usage in China, where demand rose by 14.9%, and the US where consumption rose by 4.7%. Chinese imports were 560,000 mt, up 26.7% when compared to the same 2012 period.
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