Commodity market report
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43 Pages

Global zinc long-term outlook Q4 2013


Global zinc long-term outlook Q4 2013

Report summary

The long-term outlook for the zinc market is dominated by the structural issue of whether mine supply growth will be able to keep pace with consumption growth.  With zinc prices at relatively low levels the pace of development of new zinc projects has slowed, increasing the risk of a greater dislocation between global zinc supply and demand


What's included?

This report includes 10 file(s)

  • Global zinc long-term outlook Q4 2013 PDF - 3.06 MB 43 Pages, 25 Tables, 22 Figures
  • Supply main changes zinc LTO Q4 2013.xls XLS - 159.00 KB
  • Mine analysis zinc LTO Q4 2013.xls XLS - 1.49 MB
  • Smelter analysis zinc LTO Q4 2013.xls XLS - 2.44 MB
  • Production rankings zinc LTO Q4 2013.xls XLS - 115.50 KB
  • Demand analysis zinc LTO Q4 2013.xls XLS - 1.32 MB
  • Demand main changes zinc LTO Q4 2013.xls XLS - 204.50 KB
  • Market balance and prices zinc LTO Q4 2013.xls XLS - 540.00 KB
  • Slide pack zinc LTO Q4 2013.pdf PDF - 555.96 KB
  • Economics Q4 2013.pdf PDF - 397.08 KB

Description

As global demand weakens and commodity prices fall, we're seeing a challenging environment in the metals and mining industry. Mining companies are increasingly coming under pressure to reduce operating costs, causing many to shift their strategic planning, delay new investments and look to long-term future growth.

This Zinc Long Term Outlook report provides a detailed breakdown of global supply and demand balances in this market, as well as price forecasts.

Mining companies, investment banks and investors can use this report to understand the future direction of the ferrous and base metals market. It will also help you assess the impact of key industry issues and events on market balances and pricing.

From acquisitions to investments, Wood Mackenzie helps you plan, forecast and benchmark in the metals markets. Our proprietary database and analyst expertise combines robust production, consumption and pricing data with detailed analysis to identify market opportunities.

We give you a holistic view of the ferrous and base metals markets so you have the confidence to make strategic decisions.

  • Executive summary
  • Supply
    • Mine production
    • Overview
      • Africa
      • Asia
      • Europe
      • Latin America
      • Middle East
      • North America
      • Russia and the Caspian
    • World zinc mine production capability and mine projects
    • Refined production
      • Overview
      • Africa
      • Asia
      • Asian capability is set to increase Capability increases in India with the ramp up of production at the new Rajpura Dariba smelter and completed expansion of Chanderiya EL (electrolytic); the recovery of Japanese output from the 2011 low following the earthquake together with a small expansion at Iijima; completion of a major expansion at Onsan and a debottlenecking at Sukpo in Korea.
      • E
      • urope
      • Russia and the Caspian
      • Middle East
      • Latin America
      • North America
      • Oceania
      • World zinc smelter production capability and smelter projects
  • Demand
    • Overview
    • China
    • USA
    • Europe
      • European zinc consumption in long-term decline
    • First and end uses
    • First-Use
    • End-Use
      • Global zinc consumption by end-use
  • Supply-demand balances
    • Zinc Market Dynamic
    • Supply and Demand – Base Case and Long Term
    • Long-term Zinc Price Forecasts

In this report there are 47 tables or charts, including:

  • Executive summary
  • Supply
    • Supply: Table 1
    • Supply: Table 2
    • Supply: Table 3
    • Supply: Table 4
    • Supply: Table 5
    • Supply: Table 6
    • Supply: Table 7
    • Oceania
    • Russia and the Caspian
    • Supply: Table 10
    • Supply: Table 11
    • Requirement and sources of future mine production
    • Supply: Table 12
    • African zinc smelter production capability
    • Asian zinc smelter production capability
    • European zinc smelter production capability
    • Russia and the Caspian zinc smelter production capability
    • Supply: Table 17
    • Supply: Table 18
    • Oceania zinc smelter production capability
    • Supply: Table 20
    • Requirement and sources of future smelter production
  • Demand
    • Global slab zinc consumption by region
    • Demand: Table 1
    • Zinc's intensity of use to decline in long-term
    • Urban non-residential construction forecast to make a larger contribution to construction output
    • Chinese end use consumption dominated by construction sector
    • Demand: Image 5
    • Chinese first-use zinc consumption dominated by galvanizing
    • Chinese per capita consumption will not track Japan and South Korea
    • US non-residential construction spending rising
    • European manufacturing activity gaining momentum
    • European construction still contracting
    • European die-cast zinc alloy parts production 32% down on pre-crisis levels
    • Demand: Table 2
    • Global zinc consumption by first use
    • Demand: Image 13
  • Supply-demand balances
    • LME stocks and prices
    • Zinc metal and concentrate stock cycle (kt Zn)
    • LME cash zinc prices and base case forecast 1960- 2025
    • Supply-demand balances: Table 1
    • Supply-demand balances: Table 2
    • Project incentive price curve (real$)
    • Forecast long-term prices
    • Supply-demand balances: Table 3
    • Zinc price forecasts (real $/t)
    • Zinc price forecasts (nominal $/t)
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