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.