The global market for refined zinc metal was in surplus by 143,000 mt during the first five months of 2015, according to preliminary figures released Wednesday by the International Lead & Zinc Study Group. In the corresponding period last year, the market was in deficit to the tune of 199,000 mt. Global usage of refined zinc metal rose by 2.6% year on year to 5.641 million mt in January-May, with rises in Europe (2.2%), China (2.9%), Japan, Taiwan (China) and Thailand partially balanced by reductions in the US (9.1%) and India, the ILZSG said.
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