As per the data revealed by the US Geological Survey (USGS), the zinc mine production by the country during the first quarter of the year totaled 207,000 tons, 19% higher when compared with the output during Q1 2013. The smelter, refined production during the quarter totaled 53,900 metric tons.
For the month of March alone, the recoverable zinc production surged significantly higher by 26% to 70,600 metric tons. The production had totaled 56,000 metric tons during March last year. US Smelter, refined zinc production during the month of March alone totaled 18,000 metric tons, falling by nearly 5% when compared with the production of 18,900 metric tons during the same month a year ago.
The average daily recoverable zinc mine production soared 26% higher during Q1 this year when compared with the corresponding quarter the previous year.
Meanwhile, the consumption of refined zinc totaled 237,000 metric tons during the first quarter of the year. This includes 189,000 metric tons of imported zinc.
According to USGS data, the LME stocks of special high-grade zinc in the US totaled 729,275 metric tons, falling by nearly 17% from 874,350 metric tons in March 2013.