World Metal Market Sees Zinc Deficit
As we enter 2018 we are getting a better sense of the current supply and demand for various metals. As we wrote about earlier, there is currently an aluminum deficit in the world metals market. According to a recent report by the Lead and Zinc Study Group, there is also a further widening of the deficit for the global zinc market. Here’s what you need to know:
- From January to October there was a Zinc deficit of over 481,000 tons
- Zinc production grew 3.8% in the same time frame
- Demand for Zinc grew 1.2% in the first 10 months
- China is the leading importer of Zing in the global metals market
For individuals or businesses that may be holding onto large amounts of metals that have zinc in them, you may want to consider calling Second Street Iron & Metal today.
Common metals that have zinc in them include:
- Copper
- Tin
- Aluminum
- Nickel
- & More
To learn more about our prices and services at Second Street Iron & Metal in Everett call us at 617-387-1188 or use our contact form to get in touch.
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