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Zinc Fundamentals

  • The key drivers for demand are construction, automotive and appliances.
  • Zinc is used mainly in galvanising, brass and diecasting.
  • Zinc demand has been solid for the past 10 years. The fundamentals are very strong.
  • Economic growth in India and China is expected to consume a growing percentage of world output. China now consumes over 20% of world zinc.
  • Supply is below demand which has led to a rapid rise in prices from $1200 a tonne in 2003 to almost $3500 a tonne in early 2007.
  • Demand is expected to exceed supply for some years.


Source Website: www.kitcometals.com (External Link)

 

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