Zinc demand in India likely to double in next 5-10 years - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Zinc demand in India likely to double in next 5-10 years

The demand for zinc in India depends largely on the growth of the steel market as zinc is mainly used to galvanise steel to protect it from corrosion. "I see a doubling of the demand (for zinc) in the next five to 10 years. The market for primary and refined zinc in India is currently close to 800 to 1,000 tonnes (per annum) and has a great opportunity to increase with all the developments that we are witnessing in India."


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