As we enter 2023, we are getting a better sense of the current supply and demand for various metals. As we wrote about earlier, there is currently an aluminum deficit in the world metals market. According to a recent report by the Lead and Zinc Study Group, there is also a further widening of the deficit for the global zinc market. Here’s what you need to know:
- From January to October there is a Zinc deficit of over 481,000 tons
- Zinc production grew 3.8% in the same time frame
- Demand for Zinc grew 1.2% in the first 10 months
- China is the leading importer of Zing in the global metals market
For individuals or businesses that may be holding onto large amounts of metals that have zinc in them, you may want to consider calling Galaxy Metal Recycling today.
Common metals that have zinc in them include:
- & More
To learn more about our prices and services at Galaxy Metal Recycling in Melbourne call us or use our contact form to get in touch.
Galaxy Metal Recycling
9 Mezzo Walk, Greenvale VIC 3059
(04) 1317 6223