| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Zinc Ingot | China | FOB | USD 3,452.41/MT | April 2026 |
| Zinc Ingot | India | CIF | USD 3,502.41/MT | April 2026 |
| Zinc Ingot | USA | CIF | USD 3,539.41/MT | April 2026 |
| Zinc Ingot | Germany | CIF | USD 3,578.41/MT | April 2026 |
| Zinc Ingot | Australia | CIF | USD 3,490.41/MT | April 2026 |
| Zinc Ingot | China | FOB | USD 3,434.34/MT | March 2026 |
| Zinc Ingot | India | CIF | USD 3,489.34/MT | March 2026 |
| Zinc Ingot | USA | CIF | USD 3,521.34/MT | March 2026 |
| Zinc Ingot | Germany | CIF | USD 3,516.34/MT | March 2026 |
| Zinc Ingot | Australia | CIF | USD 3,478.34/MT | March 2026 |
Stay updated with the latest Zinc Ingot prices, historical data, and tailored regional analysis
Asia
In Asia, zinc ingot markets remained stable to firm during Q1’26 amid fluctuating downstream demand and geopolitical uncertainty. In China, zinc prices increased approximately 11.01% quarter-on-quarter, supported by tightening logistics conditions and elevated transportation expenses despite high smelter operating rates and sufficient concentrate availability. Weak demand from the galvanizing and construction sectors initially restricted stronger momentum; however, disruptions in shipping routes through the Strait of Hormuz increased freight costs and raw material uncertainty, supporting regional sentiment. Similarly, in India, zinc prices increased in Q12’26, reflecting stronger global market conditions and supply-chain pressure. Demand from downstream steel and galvanizing sectors remained moderate, while higher energy-linked transportation costs and geopolitical disruptions increased landed material costs.
Europe
In Europe, zinc ingot prices increased during the first quarter of 2026, representing a 9.55% quarter-on-quarter rise. The regional market remained supported by global supply tightness and continued dependence on imports. Rising logistics expenses, shipping delays, and elevated insurance premiums linked to Middle East tensions increased regional supply costs and tightened availability. Demand from infrastructure, automotive coatings, and galvanizing sectors remained moderate, although cautious procurement and weak industrial growth limited stronger buying activity.
North America
In North America, zinc ingot prices followed a stable to firm trend during Q1’26, supported by global concentrate tightness and steady industrial demand. Supply-chain disruptions and elevated transportation costs associated with reduced shipping activity through the Strait of Hormuz increased procurement expenses across the region. Demand from automotive, infrastructure, and galvanizing applications remained comparatively steady, although buyers largely maintained short-term purchasing strategies amid volatile global trade conditions and uncertain economic sentiment.
Analyst Insight
According to Procurement Resource, zinc ingot prices are expected to remain firm due to declining inventories, tight concentrate supply, and persistent geopolitical risks in supply chains.
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Asia
In Asia, zinc ingot prices moved mostly lower during Q4’25 as supply stayed high while demand remained weak. China played a central role in shaping the regional trend. Smelters continued to operate at high rates, which led to rising ingot availability. At the same time, downstream demand from galvanizing and steel coating stayed muted due to weak activity and slow export orders. Many galvanizing lines reduced operating rates, which further limited zinc ingot consumption. Inventories built up at both producer and buyer levels, reducing the need for fresh purchases. Although short-term logistics issues briefly tightened supply in some locations, the impact faded quickly once transport normalized.
Europe
In Europe, zinc ingot prices showed mixed movement during Q4’25, influenced by tight exchange inventories but weak physical demand. High energy costs and regulatory pressure continued to limit production flexibility and downstream growth. Buyers remained cautious and avoided long-term commitments, focusing instead on short-term needs. Financial market activity and inventory signals played a larger role than actual consumption trends. As the quarter progressed, trading activity became thinner, which increased short-term volatility but did not improve underlying demand.
North America
In North America, zinc ingot prices softened during Q4’25. Buyers delayed purchases and kept inventories lean, reflecting uncertainty around trade conditions and manufacturing outlooks. Import flows faced challenges due to trade tensions and unfavourable economics, which reduced transaction volumes. Even so, global oversupply concerns limited any upside. The market closely followed developments in China, especially expectations of increased exports, which added pressure to local pricing. Overall demand stayed stable but lacked momentum, keeping zinc ingot prices subdued.
Refined zinc metal in the form of a solid block is called zinc ingot which is produced via smelting and purification of zinc. This ingot is bluish white in color with high malleability and ductility and low melting point. In addition to this, zinc ingot also has high corrosion resistance as it forms a layer of oxide over its surface, that protects the core material. Zinc's ability to alloy with other metals makes it valuable in various industrial applications, from galvanization to alloy production, owing to its unique combination of properties.
Cathode protection, Paint and coating industry, Rubber and plastic industry, Die-casting, Battery production
REAZN S.A., Henan Yuguang Zinc Industry Co Ltd, Yifengxin (Hebei) Metal Production Co Ltd, Siyaram Impex Pvt Ltd, Phoenix Industries Ltd
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
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Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In this multi-step process, the zinc ore is first melted in a furnace along with several other alkali metals to form an alloy. The molt is cooled and shaped into ingots in the subsequent steps to get zinc ingot.
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