Global zinc market surplus rises to 26,700 tonnes in March -ILZSG

Global zinc market surplus rises to 26,700 tonnes in March -ILZSG

The global zinc market surplus climbed to 26,700 tonnes in March, from a surplus of 22,800 tonnes a month earlier, data from the International Lead and Zinc Study Group (ILZSG) showed.

During the first three months of 2023, ILZSG data showed a surplus of 49,000 tonnes, versus a surplus of 116,000 tonnes in the same period of 2022.

The following figures are in thousands of tonnes:

Mine ProductionMetal ProductionMetal usageBalance
March1,034.21,161.91,135.226.7
February964.91,082.81,060.022.8
Jan-Mar 20232,9813,3643,31549
Jan-Mar 20222,9863,3753,259116

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