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ILZSG Released Preliminary Data for World Lead during the First Four Months of 2019

https://en.steelhome.com [SteelHome] 2019-06-20 10:37:45

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The International Lead and Zinc Study Group (ILZSG) released preliminary data for world lead supply and demand during the first four months of 2019.

World Refined Lead Supply and Usage 2014 - 2019

000 tonnes

2014

2015

2016

2017

2018

2018

2019

2019

Jan-Apr

Jan

Feb

Mar

Apr

Mine Production

4947

4850

4689

4713

4671

1534

1544

382.5

385.6

395.5

380.1

Metal Production

11026

10959

11169

11589

11642

3782

3870

976.8

952.9

970.5

970.1

Metal Usage

10998

10941

11141

11740

11726

3820

3909

994.5

952.1

966.2

995.9

l  Provisional data reported to the ILZSG indicate that world refined lead metal demand exceeded supply by 39kt during the first four months of 2019. Over the same period total reported stock levels decreased by 21kt.

l  A growth of 0.7% in global lead mine production was primarily a consequence of rises in India, Peru and Sweden, that were partially balanced by a reduction in China.

l  A 2.3% increase in global lead metal production was mainly a result of higher output in China, India and the Republic of Korea. Production remained stable in Europe, Japan and the United States.

l  Refined global lead metal usage rose by 2.3%, influenced by rises in China and India. In Europe, Japan, the Republic of Korea and the United States, usage was lower compared to the first four months of 2018.

l  Chinese imports of lead contained in lead concentrates increased by 30.7% to 260kt. Net imports of refined lead metal totalled 67kt compared to net exports of 13kt over the same period of 2018.

Source: ILZSG

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