Zinc Market
Regions Covered
Global
Regions Covered
Global
World zinc mine production fell by 2.4% compared to the first half of 2017. This was mainly the result of reported reductions in Australia, China and India that more than offset a 5.6% rise in Europe, influenced by increases in Finland, Greece, Ireland and Serbia.
The biggest use of Zinc in is coating steel. It is approximately 50% of the Zinc market. Die casting is the second largest consumer of zinc at approximately 17%, followed by Zinc metal in alloying (brass), Zinc chemicals (fertilizers, skin products, etc.), and rolled Zinc (pennies, etc.). Zinc prices are therefore very dependent on the industries that use Zinc coated steel such as the automotive and construction.
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