Zinc Surplus Will Double

By Purchasing Staff -- Purchasing, 11/13/2008 7:00:00 AM

Zinc mining and smelting operations around the world are scheduled to shut their doors in haste because of weakening zinc prices, production costs increases and reduced demand. But, that won't be enough to bring 2009 supply into equilibrium with demand. The zinc market surplus will more than double to nearly 330,000 metric tons in 2009 from an estimated 150,000 metric tons this year, according to the International Lead and Zinc Study Group.

Average Rating:

(0)

Rate this:

Talkback

We would love your feedback!

Zinc prices to rise slightly

05/19/2009

Zinc Prices Up

06/17/2009

Chinese analysts forecast lower zinc prices

02/17/2009

Nonferrous metals markets have gone from deficit to surplus

03/11/2009

LME zinc prices on pace to drop 40%

07/17/2008

Also by this author

»MORE

Featured Company

EMC

EMC Corporation is the world's leading developer and provider of information infrastructure technology and solutions for industries worldwide. EMC creates complete information environments that are reliable, efficient, and secure. The result is... more
LeanLogistics

LeanLogistics, Inc. is the global leader for innovative transportation solutions. Leveraging one of the industry's largest transportation networks, we combine technology and services to tailor transportation solutions to the needs of our customers... more
PartMiner WorldWide

PartMiner WorldWide is uniquely positioned to provide an objective, global perspective of the electronic components marketplace. We maintain vast amounts of technical information and gather transactional market intelligence throughout the world... more
Ariba

Ariba is the leading provider of spend management solutions. Delivered on demand, our enterprise-class offerings empower companies to achieve greater control of their spend and drive continuous improvements in financial and supply chain... more