Zinc prices increased around 60 percent last year to become one of the very best performing metals in 2016. Both Goldman Sachs and The World Bank project higher prices for zinc in 2017 and 2018 because of increased demand and serious global production deficits.
Zinc has become the fourth most widely consumed base metal in the world, after iron, aluminum, and copper, partly due to its strong anticorrosive properties. Zinc bonds exceptionally well with other metals, and approximately 60 percent of all zinc produced is used in coating (galvanizing) iron or steel to help prevent rust and corrosion, significantly prolonging the life of these products. Nearly indispensable in anti-corrosive applications, zinc is also combined with other metals to form brass and other alloys that have multiple industrial applications in…
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