SMM News: according to foreign news on May 9, the international lead and zinc research group (ILZSG) said on Thursday that the global refined lead supply exceeded demand by 71000 tons in 2019.
The group expects global demand for refined zinc to exceed supply in 2019, with a shortage of 121000 tons.
Demand for refined lead is expected to increase by 1.2 per cent to 11.87 million tonnes this year, ILZSG said. Demand for refined lead fell slightly by 0.2% in 2018.
Demand for refined zinc is expected to rise 0.6 per cent to 13.77 million tonnes in 2019 and has remained stable over the past four years, according to ILZSG.