Loading prices...

Register/Sign in
ScrapMonster
Zinc June 20, 2024 05:40:26 PM

ILZSG Declared Surplus Refined Zinc Market

Paul Ploumis
ScrapMonster Author
The refined zinc metal production during Jan-Apr ‘24 totalled 4.519 million tonnes.

ILZSG Declared Surplus Refined Zinc Market

SEATTLE (Scrap Monster): The latest monthly statistics published by the International Lead and Zinc Study Group (ILZSG) indicates that global refined zinc market ended in surplus by 182kt during the first four months of 2024.

During Jan-Apr ‘24, global zinc mine production recorded modest decline by 3.2% upon comparison with the corresponding period a year before. The zinc mine output witnessed considerable decline in Canada, South Africa, Turkiye and Peru. The production in Ireland and Portugal too remained lower. However, the output surged higher in Brazil, Kazakhstan and the U.S.

RELATED NEWS:

ILZSG Announced 2024 Zinc Metal Outlook

ILZSG: Global Refined Zinc Market Ended 2023 in Surplus

The refined zinc metal production during Jan-Apr ‘24 totalled 4.519 million tonnes, marginally higher by 0.1% when compared with the 4.515 million tonnes of production a year before. The production reported jumps in Canada, China, France, Japan and Germany, where the Nordenham smelter resumed production in March. But, these were largely offset by output reductions in Mexico, the Netherlands, Norway and Peru.

The modest rise of 2.5% in global usage of refined zinc metal was mainly on account of increased usage in countries such as Brazil, China, France, India, the Republic of Korea, Taiwan (China) and Thailand. These were partially offset by declines in Italy, Peru and the United States.

The monthly global zinc mine output totalled 961,600 tonnes in April this year. The refined zinc metal production totalled 1.117 million tonnes, whereas the usage totalled 1.095 million tonnes during the month.

How to Recycle

Simple Ways to Dispose of Tires

Simple Ways to Dispose of Tires

Are you in search of some simple and eco-friendly methods to help you responsibly dispose of tires, then read our blog post to learn more.
Recycling and Disposal of Light Bulbs – More to Know

Recycling and Disposal of Light Bulbs – More to Know

Proper disposal of all types of light bulbs, protects the environment and recovers valuable materials.
How to Get Rid of Shredded Paper - Recycling Options

How to Get Rid of Shredded Paper - Recycling Options

Thinking how to get rid of shredded paper? Well, there are many recycling options. Read More.
powered by RecyclingMonster
×

Quick Search

Advanced Search