ILZSG sees world lead market surplus, zinc market deficit in 2026
Zinc ingots. Stock image.
The International Lead and Zinc Study Group (ILZSG) on Thursday forecast a lead market surplus of 109,000 metric tons in 2026 and a zinc market deficit of 19,000 metric tons in the same year.
It added that global demand for refined lead metal is anticipated to increase by 1.1% this year to 13.72 million tons, and that of refined zinc metal is expected to rise by 1.3% to 14.00 million tons.
World refined zinc metal output will rise by 1.4% to 13.99 million tons in 2026, and world refined lead metal output is expected to increase by 1.3% to 13.83 million tons, the group said.
(By Anjana Anil and Pablo Sinha; Editing by Sharon Singleton)
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