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Home / Metal News / US Zinc-Contained Resource Recycling Tops World Peers

US Zinc-Contained Resource Recycling Tops World Peers

Dec 13, 2016 10:19

Source:SMM

The recycling of zinc-contained resources is the best in the US at present, SMM reported at the 2016 China Cast Industry Summit.

SHANGHAI, Dec. 13 (SMM) - The recycling of zinc-contained resources is the best in the US at present, SMM reported at the 2016 China Cast Industry Summit.

US secondary zinc output claims over 50% of domestic total zinc production.

Global zinc reserves fall short of 30 years of exploration at current mining rate. Global production of zinc, zinc oxide and zinc salt is about 4 million tonnes each year from zinc-contained renewable resources.

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With the recent spike in raw materials prices, it is very difficult for indirect-process zinc oxide companies to survive if downstream sales prices do not increase. Since 2010 to date, the concentration of the zinc oxide industry has gradually increased, with the number of enterprises falling from more than 700 to around 150 as of today. However, although the concentration of production capacity has increased, the issue of overcapacity is very serious, mainly caused by the intensive competitions among the companies.

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