NEW YORK Zinc and lead demand in
the United States rose slightly during the first nine months of
2012 from 2011 levels, with global supply continuing to
exceed demand, according to preliminary data from the
International Lead and Zinc Study Group (ILZSG).
The Lisbon, Portugal-based organization said that global lead
metal production totaled 944,800 tonnes in September 2012,
bringing the year-to-date total to 8.02 million tonnes.
Thats up 2.2 percent year on year.
Global lead usage in September stood at 932,400 tonnes, with
the year-to-date total of 7.94 million tonnes up 3.3 percent
from the corresponding period in 2011.
Year-to-date demand fell 3 percent year over year in Europe
while rising 1.3 percent in the United States, the organization
Global lead supply exceeded demand by 80,000 tonnes in the
first nine months.
Meanwhile, global zinc metal production for September 2012
totaled 1.04 million tonnes, bringing the year-to-date total to
9.39 million tonnes, down 3.4 percent from the first nine
months of 2011.
Global zinc usage for September totaled 1.04 million tonnes,
putting the year-to-date total at 9.24 million tonnes.
Thats a 1.5-percent decline from 2011.
Apparent demand in both the United States and China
remained at levels similar to that in 2011, with rises of 0.7
percent and 0.3 percent, respectively, the organization
The global market for refined zinc metal in January to
September was in surplus by 137,000 tonnes.