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Home / Metal News / 2016 SMM Summit: Zinc Consumption to Slow in China but Improve in Other Countries in 2017

2016 SMM Summit: Zinc Consumption to Slow in China but Improve in Other Countries in 2017

Nov 14, 2016 18:29

Source:SMM

Zinc consumed by China will slow in 2017, while zinc consumption in Europe, US, India and Southeast Asia countries will be better than this year, SMM said at the 2016 SMM Summit.

SHANGHAI, Nov. 14 (SMM) - Zinc consumed by China will slow in 2017, while zinc consumption in Europe, US, India and Southeast Asia countries will be better than this year, SMM said at the 2016 SMM Summit.

Global zinc deficit expanded in 2016 due to sliding ore supply. In China, supply tightness is a result of sharp drop in ore imports, decreasing imports of refined zinc and improved demand.

2016 SMM Summit: LME Zinc to Average $2,200 per tonne in 2017

2016 SMM Summit: China Refined Zinc Output to Slide in 2016

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refined zinc

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China's refined zinc output stood at 519,500 mt in November, up 20,200 mt or 4.05% on the month but down 7.61% on the year. The output from January to November stood at 5.57 million mt, up 0.41% year on year. The alloy output at domestic refined zinc smelters in SMM’s survey sample registered 77,000 mt in November, up 0.35 mt on the month.

Dec 7, 2021 11:27

Analysis SMM Insight SMM Comments

Domestic Refined Zinc Output Fell Short of Expectations in December

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Zinc prices maintained upward momentum in 2017, thanks to the fundamental story. LME zinc refreshed a 10-year high, and SHFE zinc jumped above 27,000 yuan per tonne, up over 20% so far this year.

Oct 30, 2017 16:41

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Will Zinc Ore Shortages Remain the Driver of Zinc Price Gains in 2018? SMM Reports

ILZSG: Global Refined Zinc Consumption Outstrips Output in July

Global refined zinc consumption was higher than output in July, the International Lead and Zinc Study Group (ILZSG) said in a report.

Sep 14, 2017 16:51

SMM Insight

ILZSG: Global Refined Zinc Consumption Outstrips Output in July

Imported Zinc Prices Catch up with Domestic Zinc on Supply Shortfalls, Discounts Expand in Guangdong, SMM Reports

Prices for SMC imported zinc rose close to domestic #0 zinc prices at one point today due to supply tightness, SMM reports.

Aug 10, 2017 16:15

SMM Insight Industry

Imported Zinc Prices Catch up with Domestic Zinc on Supply Shortfalls, Discounts Expand in Guangdong, SMM Reports

Zinc Price to Hold Strong Reaping Fundamental Benefits, SMM Foresees

Zinc prices will fluctuate at highs this week since fundamentals will continue to underpin zinc prices, SMM foresees.

Aug 7, 2017 13:41

SMM Insight Industry

Zinc Price to Hold Strong Reaping Fundamental Benefits, SMM Foresees

Zinc Consumption Severely Impacted after Production Restrictions at Galvanizers, SMM Reports

Some galvanizers in North China were restricted by strip steel supply shortages, SMM understands. They began to suspend production lines and cut output from July 1.

Jul 7, 2017 12:09

SMM Insight Industry

Zinc Consumption Severely Impacted after Production Restrictions at Galvanizers, SMM Reports

Why Zinc Prices Shoot up to 3-Month High? Where Are They Going? SMM Reports

Zinc prices have been rising over the past three weeks. LME zinc rose to $2,700 per tonne and reached $2,769.5 per tonne. August zinc on the SHFE touched as high as 22,790 yuan per tonne.

Jun 29, 2017 17:54

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Why Zinc Prices Shoot up to 3-Month High? Where Are They Going? SMM Reports

Spot Zinc Premiums Invert to Discounts as SHFE Zinc Rides Roller Coaster, SMM Reports

Spot zinc premiums in China’s major markets turned to discounts on June 29, SMM data showed.

Jun 29, 2017 14:15

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Spot Zinc Premiums Invert to Discounts as SHFE Zinc Rides Roller Coaster, SMM Reports

Zinc Spot Premiums in Guangdong Narrow Dramatically Further, SMM Reports

Spot premiums on #0 zinc in Guangdong shrank from 800 yuan per tonne early in the week to 100 yuan per tonne on June 23.

Jun 23, 2017 21:40

SMM Insight Industry Reminder

Zinc Spot Premiums in Guangdong Narrow Dramatically Further, SMM Reports

Where is Zinc Contango Going? SMM Analysis

LME zinc has outshined other nonferrous metals recently due to well-behaved fundamentals. Falling visible and invisible zinc inventories have given a boost to LME zinc prices.

Jun 23, 2017 12:01

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2016 SMM Summit: Zinc Consumption to Slow in China but Improve in Other Countries in 2017

SMM Events & Webinars

2024 SMM Middle East Secondary Metal Field Trip

NET ZERO MEA - Solar & Energy Storage

2025 SMM (20th) Lead & Zinc Conference and Industry Expo