Global refined Zinc output rises 1.5% to 1.175 mn tons in April: ILZSG

Published: Jun 19, 2015 08:44 (GMT+8)

Save

Global refined zinc market was in an oversupply of 5400 tons in April as compared to a surplus of 20,500 tons in March.

UNITED STATES June 18 2015 6:17 PM

LISBON (Scrap Register): Global refined zinc market was in an oversupply of 5400 tons in April as compared to a surplus of 20,500 tons in March, according to latest data from the International Lead and Zinc Study Group (ILZSG).

Production of refined zinc metal totalled 1.175 million tons in April, up 1.5% from the production of 1.157 tons a month earlier.

Demand for refined zinc metal rose 2.91% to 1.169 million tons in April as against 1.136 tons recorded in a month earlier.

Global refined zinc inventories recorded at 1.469 million tons in the end of April, compared to 1.484 million tons a year earlier.

refined zinc market refined zinc

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 for 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

1 hour ago

[SMM Analysis] Copper Market Review and Outlook After China’s National Day Holiday

[SMM Analysis] Copper held its ground through China’s holiday, with falling LME stocks cushioning the early sell-off. Softer US data eased fears of further rate hikes but failed to spark a breakout. As China returns to work, the focus shifts to whether demand can absorb the metal accumulated during the shutdown. A sizeable inventory build would leave Shanghai copper lagging London.

1 hour ago

8 hours ago

Vedanta Eyes $2.3B Copper Expansion, Tuticorin Smelter Restart

Vedanta Copper targets 1 million tonnes/year of copper production across India and Saudi Arabia by the end of the decade, with a proposed Tuticorin smelter restart central to its domestic expansion plans.

8 hours ago

10 hours ago

【Flash | Adanac Technical Report Outlines Long-Life Primary Molybdenum Supply】

EraNova Metals filed an NI 43-101 PEA technical report for its 100%-owned Adanac molybdenum project in Canada. The report confirms the August 6 results without material differences. The proposed 30,000-tpd operation has a 24-year mine life and targets average annual molybdenum output of 11.4 million lb (about 5,171 tonnes), with 270.1 million lb (about 122,515 tonnes) of payable molybdenum over the mine life. Initial capital is estimated at C$953.3 million. EraNova plans to initiate a feasibility study and advance environmental assessment and permitting. The PEA remains preliminary, with no final investment decision or production schedule.

10 hours ago