Zinc Slowly Climbing Back To $2/Pound
13 May, 2011
By Charles Kubach, Mine-Engineer.Com

  Pre-recession zinc was hovering around $2.00 per pound, and it is currently flirting with $1/pound. Most prognosticators are predicting a slow growth rate for zinc, in the 2% to 4%/year range. To me, this appears reasonable, based on the global conditions. Asia and in particular, China, appear to play a big factor in the growth of zinc demand.

Some uses for zinc include an alloying metal with copper to produce brass, but it is primarily used for galvanising steel and in zinc die-casting. Galvanised steel is used in construction. Other uses of zinc include manufacturing of white goods and the auto industry.

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