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
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Global zinc long-term outlook Q4 2013 PDF - 3.06 MB 43 Pages, 25 Tables, 22 Figures
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.
World zinc mine production capability and mine projects
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.
Russia and the Caspian
World zinc smelter production capability and smelter projects
European zinc consumption in long-term decline
First and end uses
Global zinc consumption by end-use
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:
Supply: Table 1
Supply: Table 2
Supply: Table 3
Supply: Table 4
Supply: Table 5
Supply: Table 6
Supply: Table 7
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
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
LME stocks and prices
Zinc metal and concentrate stock cycle (kt Zn)
LME cash zinc prices and base case forecast 1960- 2025
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Commodity market report | Dec 2013
Global zinc long-term outlook Q4 2013
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