ZINC PRICE TREND 2025
- sreeramspf
- Jan 27
- 1 min read
Over the past four years, the zinc industry has faced dynamic changes. Here’s a quick overview #ZINC #PRICE #TREND
📉 Price Volatility: The global zinc market witnessed significant price fluctuations driven by macroeconomic factors, supply-demand imbalances, and geopolitical uncertainties. While zinc prices peaked in 2021 due to supply constraints, they faced downward pressure in subsequent years due to slowed global growth and softer demand.
🌍 Demand Dynamics: #galvanizing #steel #gratings
Zinc's role in galvanizing steel, crucial for infrastructure and automotive sectors, remains a cornerstone of demand. However, shifts in global priorities—such as the push for greener technologies and renewable energy infrastructure—have begun shaping zinc's demand profile.
. Here's a concise overview:
2019: The average zinc price was approximately $2,550 per metric ton.
2020: Prices declined to around $2,266 per metric ton, primarily due to reduced industrial activity amid the COVID-19 pandemic.
2021: The market saw a recovery, with prices rising to about $3,003 per metric ton, driven by increased demand and supply chain constraints.
2022: The upward trend continued, with prices averaging $3,481 per metric ton, influenced by ongoing supply challenges and robust demand.
2023: A slight decrease occurred, with average prices around $2,653 per metric ton, as markets adjusted to evolving economic conditions
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