Global zinc market surplus rises to 26,700 tonnes in March -ILZSG
May 19, 2023
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 Production | Metal Production | Metal usage | Balance | |
| March | 1,034.2 | 1,161.9 | 1,135.2 | 26.7 |
| February | 964.9 | 1,082.8 | 1,060.0 | 22.8 |
| Jan-Mar 2023 | 2,981 | 3,364 | 3,315 | 49 |
| Jan-Mar 2022 | 2,986 | 3,375 | 3,259 | 116 |
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