Refined Zinc Imports Decline Monthly but Rise Yearly Ahead of New Long-Term Contract Cycle

Published: Jan 21, 2025 10:42
[Will There Be an Increase in Refined Zinc Imports During the New Long-Term Contract Execution Cycle in January?] According to the latest customs data, refined zinc imports in December 2024 totaled 32,900 mt, down 2,200 mt or 6.31% MoM, but up 45.94% YoY. From January to December, cumulative refined zinc imports reached 445,700 mt, up 17.22% YoY. Refined zinc exports in December were 4,300 mt, resulting in net imports of 28,600 mt for the month.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
How Are Expectations for China’s Galvanized Sheet Exports in March Amid Continued Turmoil in the Middle East?
9 hours ago
How Are Expectations for China’s Galvanized Sheet Exports in March Amid Continued Turmoil in the Middle East?
Read More
How Are Expectations for China’s Galvanized Sheet Exports in March Amid Continued Turmoil in the Middle East?
How Are Expectations for China’s Galvanized Sheet Exports in March Amid Continued Turmoil in the Middle East?
According to the latest customs data, galvanized sheet exports stood at 926,600 mt in January 2026 and 1.1677 million mt in February, bringing cumulative exports in January-February to 2.0942 million mt, down 0.14% YoY. China’s total galvanized sheet exports in January-February this year were basically flat YoY. .
9 hours ago
South Korea to Exempt Tariffs on Overseas-Sourced Critical Minerals
13 hours ago
South Korea to Exempt Tariffs on Overseas-Sourced Critical Minerals
Read More
South Korea to Exempt Tariffs on Overseas-Sourced Critical Minerals
South Korea to Exempt Tariffs on Overseas-Sourced Critical Minerals
On the 25th, it was confirmed that the South Korean government will exempt tariffs of 3–8% on critical minerals such as lithium, graphite, and rare earth elements when domestically owned companies directly produce and import them from overseas. The Ministry of Trade, Industry and Energy has pre-announced a new regulation outlining tariff exemptions for overseas resource development projects. Under the policy, a total of 14 critical minerals—including lithium, graphite, nickel, cobalt, manganese, copper, zinc, and rare earth elements such as lanthanum, cerium, neodymium, terbium, dysprosium, yttrium, and scandium—will be eligible for duty exemption when brought into the country. The regulation is set to take effect on April 3.
13 hours ago
Data: SHFE, DCE market movement (Mar 26)
15 hours ago
Data: SHFE, DCE market movement (Mar 26)
Read More
Data: SHFE, DCE market movement (Mar 26)
Data: SHFE, DCE market movement (Mar 26)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 26 Mar , 2026
15 hours ago