The International Lead and Zinc Study Group (ILZSG) has announced that the global refined zinc market may experience a surplus of 56,000 t in CY’24. Global demand for refined zinc is forecast to rise by 1.8% to 13.96 mnt in CY’24. Similarly, the refined lead market is expected to see a surplus of 40,000 t in 2024 and demand may increase by 1.9% to 13.42 mnt this year, as per latest updates.
