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Japan's zinc export positive in China around 49pc

Published Updated

13173qwTOKYO: Japan's exports of refined zinc surged 49 percent from a year earlier to 11,498 tonnes in January as shipments to China nearly tripled, customs-cleared data showed on Monday.

Exports to China jumped to 2,973 tonnes, up from 1,050 tonnes a year before, accounting for a quarter of Japan's total exports.

Zinc is mainly used as an anti-corrosive coating in galvanised steel production and in plating.

Japan's zinc smelters lost nearly 70 percent of their output capacity after the March 11 earthquake in 2011 due to damage to facilities, but production has since recovered. Taiwan and Indonesia are other key markets for Japanese zinc.

Copyright Reuters, 2012

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