ILZSG (International Lead and Zinc Research Group) stated that the global supply of refined lead is expected to be 35,000 tons in 2023 and 52,000 tons in 2024. Refined lead supply is expected to grow 2.7% to 12.84 million tonnes in 2023 and 2.3% to 13.14 million tonnes next year, while demand is expected to grow 1.1% to 12.8 million tonnes in 2023 and 2.2% to 13.08 million tonnes in 2024 . Demand growth in China is expected to accelerate from 1.9% in 2023 to 2.4% in 2024, ILZSG added.
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