Zinc Price Forecast Recovering Chinese steel output is boosting zinc price over short term
https://www.miningweekly.com/article/recovering-chinese-steel-output-is-boosting-zinc-price-over-short-term-2020-09-08
Initially, the agency anticipated a $2 100/t zinc price, but has revised it to $2 200/t, compared with a zinc price of $2 507/t at the end of 2019. Zinc prices had fallen by 17.3% on average over the first three months of this year, but have since recovered to post new highs for the year, at a current price of about $2 483/t.
The agency expects the price of zinc to gradually drop further every year to $2 000/t by 2024.
tiger