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Chinese Zinc Output in 2019 Surges by 10% YoY

Metal News - Published on Tue, 14 Jan 2020

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China’s zinc output extended its increase to a record high in December, showed an SMM survey, as some smelters recovered from maintenance and also enticing profits kept smelters operating at full capacity. In December, Henan Yuguang Zinc Industry and Yunnan Hualian Zinc & Indium recovered from maintenance, while Luoping Zinc & Electricity began its annual overhaul. About 537,000 tonnes of refined zinc was produced in China last month, up 1.18% month on month and 19.76% year on year. This brought full-year production to 5.84 million tonnes, up 9.64% from 2018.

China’s production of refined zinc is expected to dip 1.53% to 528,900 tonnes in January, as some smelters in Hunan, Qinghai and Yunnan will shut down or reduce production during the Chinese New Year holiday. With most large-scale smelters maintaining production during the holiday, the month-on-month decline in zinc output would be moderate and produce an increase of 21.8% from January 2019.

Zinc production is expected to grow 6.78% year on year to 6.24 million tonnes in 2020.

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Posted By : Rabi Wangkhem on Tue, 14 Jan 2020
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