2013 will not be an easy year for zinc but it will be an interesting one. The market will remain once more in surplus under the weight of historically high inventories and surprisingly strong growth in Chinese mine supply last year. Demand levels are expected to recover this year, notably in China, India and other parts of Asia – with an uptick in orders also envisaged in North America – but will this be enough to start eating into stock levels? Will the surplus be mainly in metal or will we see the less usual situation of a surplus building in concentrate? How will supply-demand balances pan out along the industry chain – and what will this mean for TCs, prices and premiums? What influence will stock financing deals have on the market this year?Key topics for debate: · Chinese mine growth: will it continue unabated? What implications for smelter output in China? · Another year of surplus – how and when will the stock mountain be eroded? · Has the stock financing issue got out of control? What else can be done to mitigate its impact? · Prices to rise to $2400-2500? Achievable? Supply or demand driven? · Dissecting demand levels in Asia, Europe, the Americas · What outlook for galvanizing globally? What of other zinc applications? · Recycling processes and projects – what is the latest? · The longer-term picture: investment, Integration and internationalisation A key global forum for bringing together miners, smelters, recyclers, traders, processors, financiers and end-users to: · Hear informative and insightful presentations from industry experts · Engage in cross-sector debate and discussion · Network and make the most of global business opportunities · Take the opportunity to visit Nyrstar’s Budel 260,000 tpy smelter
Metal Bulletin Events’ Annual Zinc & its Markets Seminar has established itself as the premier international gathering of executives from right along the zinc industry chain – miners and smelters, traders, recyclers, galvanizers, oxide producers, fabricators and end-users. It is the forum in which to get a handle on what will drive zinc prices and premiums this year, but also to examine and discuss the longer-term structural and strategic issues the zinc business faces, and to hear the latest on consumption trends and applications development.
Being held in the beautiful city of Amsterdam, on the doorstep of northern Europe’s major zinc producing and consuming base, this event will provide you with the best insight into what lies in store for your business as we move through 2013 and into the middle of the decade.