|Synonyms||7440-66-6, Zinc Dust|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Request for Real Time Zinc Prices: https://www.procurementresource.com/resource-center/zinc-price-trends/pricerequest
Zinc is a chemical element with the atomic number 30 and the symbol Zn. If stored at normal temperature, it is a slightly brittle metal that, once the oxidation is removed, appears silver-grey.
Zinc is an essential trace element for all living things, including humans, animals, plants, and microbes. Additionally, it is the only metal that is found in all enzyme groups and is the second most common trace element after iron in the human body. Ample levels of zinc are also found in meat, poultry, and shellfish.
With an output of 4.2 million tonnes or 35 percent of the total amount of zinc produced worldwide, China is the world’s largest producer of zinc, and it is followed by other countries like Australia, Peru, India, the United States, Mexico, and Bolivia.
Key Details About the Zinc Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the zinc price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The zinc price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Zinc Price Trend:
Zinc is mostly used in the galvanising process, which protects iron and steel from corroding, which affects the price trend. In the automotive, electrical, and hardware industries, it is also used as an additive with additional metals and for die-casting in different shapes like door handles.
Brass can be produced by combining copper and zinc, or by composing copper and zinc together. In addition, bronze can be made by combining zinc with copper and tin. Additionally, zinc can be converted into zinc oxide, which is used as an ingredient in skin treatments and in the manufacture of tyres, as well as fertilisers to increase agricultural yield.
Key Market Players:
• American Elements
• The Doe Run Resources Corporation
• Korea Zinc Co., Ltd.
• Hindustan Zinc Limited
• Glencore plc
• Nexa Resources
News and Events:
• February 10, 2022: Zochem announced that it would be enhancing its Dickson, Tennessee, facility’s manufacturing capacity. The company will use its expertise to plan and set up a new, cutting-edge, high-production furnace with little or no carbon emissions. For the Central Tennessee site, this new furnace produces an extra 15,000 metric tonnes of volume.
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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.
We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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