SMM 2017 Lead & Zinc Summit: Zinc Oxide Demand to Lack Ability to Grow in 2017

Published: May 19, 2017 19:24

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Demand for zinc oxide will lack upward momentum in 2017, SMM zinc analyst predicts at the SMM 2017 Lead & Zinc Summit.

SHANGHAI, May 19 (SMM) - Demand for zinc oxide will lack upward momentum in 2017, SMM zinc analyst predicts at the SMM 2017 Lead & Zinc Summit.

Zinc consumption by zinc oxide industry will shrink.

Galvanized plate/coil is expected to grow 6.8% in 2017, and galvanized structural parts may increase 0.8%, a 2.7% decline compared to last year.

SMM 2017 Lead & Zinc Summit: Zinc Price Outlook for 2017

Zinc consumption by galvanizing industry is expected to rise 3.1% in 2017.

Zinc consumption by die-cast zinc alloy industry will remain steady. The average operating rate at the industry was 51.4% in the first four months of 2017, up 5.6 percentage points year-on-year. The rate in April slid 5 percentage points due to sluggish orders, and showed signs of further declines, the analyst added.

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Zinc Oxide 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.

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