Global Zinc Market Trends
Zinc demand is mainly driven by the production of galvanised steel, which is extensively used in numerous sectors from construction, infrastructure, and automobiles to home appliances, machinery, and shipbuilding.
Mining Technology tracks the global zinc market by analysing zinc price trends and country-wise zinc production, consumption, and export and import data. The performance of zinc mining companies and major zinc mines around the world is also monitored.
Global zinc production is recovering after COVID-19 hit the output causing a 5.9% decline to 12.1 million tonnes (Mt) in 2020. Zinc production is expected to reach 13.9Mt in 2025, according to GlobalData’s estimates.