In July, the Tianjin zinc ingot market continued to show a pattern of ample supply and weak demand. Regional spot circulating resources were relatively sufficient, while downstream purchasing enthusiasm was insufficient, leading to mediocre market trading performance. Spot premiums remained in discount, and the supply-demand imbalance was still prominent.

[Tianjin Zinc Ingot Premiums: Supply-Demand Ease Continues, Premiums to Remain Under Pressure] In July, the Tianjin zinc ingot market continued the pattern of loose supply and weak demand. Regional spot zinc ingot supplies were relatively sufficient, while downstream purchasing enthusiasm was low, leading to mediocre market transactions. Spot premiums continued to trade at a discount, and the supply-demand imbalance remained relatively prominent.

2026 marks the opening year of the “15th Five-Year Plan”. Against the backdrop of intensifying global macro volatility and the deepening advancement of high-quality development in China, the zinc industry is undergoing profound transformation: tightness at the ore end and the release of smelting capacity are creating structural tension; divergence between domestic and overseas inventory reflects the complex dynamics of supply and demand rebalancing; and technological innovation is becoming the key momentum to resolve contradictions and reshape the landscape. Key “15th Five-Year Plan” sectors such as new energy and new-type infrastructure are injecting fresh momentum into traditional zinc consumption, while green, low-carbon development and the circular economy are also accelerating the reshaping of industrial logic under the drive of technological innovation. With the joint support of upstream and downstream enterprises in the zinc industry, industry associations, and other relevant parties, SMM the 2026 SMM Zinc Industry Conference and the 8th Hot-Dip Galvanizing Industry Development and Technological Innovation Forum, and the 14th Zinc Salts, Zinc Oxide and Secondary Zinc Resources Development Forum, and the Casting Zinc Alloy Development Forum are about to be held in Qingdao, Shandong, from August 6 to 8. Under the theme “Harness Zinc Momentum · Build the Zinc Industry · Embark on a New Journey”, the conference will be driven by a dual engine of macro perspective and fundamentals analysis, closely aligned with the main line of high-quality development under the “15th Five-Year Plan”. It will focus on four key dimensions—macro policy, the supply-demand pattern, global trade, and technological innovation—leveraging technological breakthroughs to drive cost reduction and efficiency improvement, and using collaborative innovation to address market fluctuations, jointly charting a new blueprint for high-quality and sustainable development of the zinc industry.‌ Jiangsu Myande Energy-Saving Evaporation Equipment Co., Ltd. will make a distinguished appearance at this grand event, joining industry peers to discuss industry development trends and work together to propel the zinc industry to new heights. Click to register for the conference now, and jointly witness and participate in this extraordinary and far-reaching industry event, creating a brilliant new chapter together! System Solution for Resource Utilization of High-Salinity Wastewater in the Metallurgical Industry From “High-Salinity Burden” to “Resource Gains”—Empowering Green and Intelligent Manufacturing in Zinc Smelting I. Wastewater Treatment Challenges in the Secondary Zinc Industry A large volume of high-salinity wastewater is generated during zinc recovery from zinc-containing scrap, requiring compliant environmental protection treatment with stringent standards. This results in both high investment in environmental protection equipment and high subsequent operating costs, compressing enterprise profit margins. Moreover, secondary waste is generated after environmental protection disposal, adding disposal costs and making it difficult for enterprises to continue bearing the burden. II. Root Causes of Wastewater Treatment In the zinc recovery process for zinc-containing scrap, low-grade zinc oxide must be rinsed to remove chlorides and other impurities in the raw material to avoid affecting the purity of zinc products. In addition to sodium chloride and potassium chloride, the rinsing wastewater also contains sulphate radicals, fluoride, COD, and many other components. Its composition is complex and fluctuates significantly, making wastewater treatment highly challenging. III. Three Core Processes, One-Stop Breakthrough 1. Deep pre-treatment—precisely removes fluorides, heavy metals, and organic matter, ensuring long-term stable operation of the system 2. Evaporation Concentration + Fractional Crystallization—Recovering High-Purity Potassium Chloride and Sodium Chloride, Achieving Salt Resource Recovery 3. Evaporative Condensate Reuse in Production Processes—Self-Circulation of Process Water, Achieving True "Zero Discharge" 4. Dual Benefits Empowering Enterprises Turning high-salinity wastewater into a valuable resource, while achieving environmentally compliant disposal, recovering salt resources, with revenue covering operating costs, shortening the payback period, and enhancing overall economic benefits. Contact Person Zhu Manager 15161877256 Wu Manager 15952706514 Tel: 0514-87843988 Email: zzj@myande.com Website: evap.myande.com Address: No. 199 Ji’an South Road, Yangzhou, Jiangsu Province Product Inquiry QR Code Evaporation Official Website QR Code Official Website QR Code Official WeChat QR Code Long-Press to Scan to Register Now 2026 SMM Zinc Industry Conference

[Zinc Ingot Export Window Opening? A Nearly 20-Year Rare Opportunity Reemerges!] As of July 28, LME zinc inventory (including non-registered warrants) had pulled back to 101,800 mt, down about 20,000 mt from mid-June. Amid continued destocking outside China, the LME zinc market structure shifted from contango to backwardation, and the backwardation structure kept widening. On July 28, the LME zinc Cash-3M spread strengthened to $61.09/mt. In stark contrast, zinc consumption in China remained in the traditional off-season, with SMM-reported social inventory of zinc ingots across seven domestic markets holding steady at a high level of around 260,000 mt. The supply-demand patterns in China and overseas clearly diverged, and the SHFE/LME zinc price ratio weakened all the way. Against this backdrop, the long-dormant export window for Chinese zinc ingots reappeared, and discussions in the market about reverse arbitrage involving "buying SHFE zinc, selling LME zinc" noticeably heated up...

2026 marks the opening year of the 15th Five-Year Plan. Against a backdrop of intensifying global macro volatility and China's deepening push for high-quality development, the zinc industry is undergoing profound transformation: ore-side tightness and the release of smelting capacity are creating structural tensions, while the divergence between domestic and overseas inventories reflects the complex dynamics of supply-demand rebalancing. Technological innovation is becoming a key driver to resolve contradictions and reshape the landscape. New energy, new-type infrastructure, and other priority areas under the 15th Five-Year Plan are injecting new momentum into traditional zinc consumption, while green, low-carbon, and circular economy models are accelerating the restructuring of industrial logic, propelled by technological innovation. With the joint support of upstream and downstream enterprises, industry associations, and relevant parties, SMM 2026 SMM Zinc Industry Conference & the 8th Hot-Dip Galvanizing Industry Development and Technology Innovation Forum & the 14th Zinc Salts, Zinc Oxide and Zinc Secondary Resources Development Forum & Cast Zinc Alloy Development Forum will be held on August 6–8 in Qingdao, Shandong. Under the theme “Harnessing Zinc Momentum · Building Zinc Industry · Embarking on a New Journey,” the conference will be driven by macro perspectives and fundamental analysis as dual engines, closely following the main theme of high-quality development under the 15th Five-Year Plan. It will focus on four dimensions—macro policies, supply-demand patterns, global trade, and technological innovation—leveraging technological breakthroughs to drive cost reduction and efficiency improvement, addressing market fluctuations through collaborative innovation, and jointly drawing a new blueprint for the high-quality and sustainable development of the zinc industry.‌ Jiangsu Runtong Zinc Industry Co., Ltd. will attend this grand event with distinction, discussing industry development trends with peers and jointly pushing the zinc industry to new heights. Click the to register now, witness and participate in this extraordinary and far-reaching industry event, and together create a brilliant new chapter! Jiangsu Runtong Zinc Industry Co., Ltd. is a specialized manufacturer of zinc oxide. The company boasts strong technical strength, complete production equipment, advanced production processes, and perfect testing methods, ensuring superior product quality. Its main products include calcined zinc oxide, direct-process zinc oxide, activated zinc oxide, and indirect-process zinc oxide. The raw materials used are zinc slag, zinc dross, low-grade zinc oxide, and zinc ash (furnace ash, malleable iron ash, small parts ash, etc.). The company’s annual production includes 20,000 mt of indirect-process zinc oxide, 15,000 mt of direct-process zinc oxide, and 30,000 mt of calcined zinc oxide, all produced using advanced domestic processes. All quality indicators meet or exceed national standards. The products feature pure white color and good dispersibility, making them suitable for the rubber, magnetic materials, and ceramics industries, and are widely praised by customers. The company strictly abides by integrity, adhering to the corporate philosophy of “Integrity in Conduct, Dedication in Action, and Heart in Zinc Making,” and the business approach of “Sincere Cooperation, Mutual Benefit and Win-Win,” to establish extensive friendships with industry peers worldwide. Contact Person Mr. Xu, 136-4155-2068 No. 209, Zhongxing Road, Daduo Town, Xinghua City, Jiangsu Province Long press to scan the QR code and register now 2026 SMM Zinc Industry Conference

The year 2026 marks the first year of the 15th Five-Year Plan. Against the backdrop of intensifying global macro volatility and China’s deepening high-quality development, the zinc industry is undergoing profound changes: tightness on the ore side and the release of smelting capacity are creating structural tension, diverging inventories in and outside China reflect the complex dynamics of supply-demand rebalancing, and technological innovation is emerging as a key driving force to resolve conflicts and reshape the landscape. Key areas under the 15th Five-Year Plan, such as new energy and new-type infrastructure, are injecting fresh momentum into traditional zinc consumption, while green, low-carbon development and the circular economy are also accelerating the restructuring of industrial logic, driven by technological innovation. With the joint support of upstream and downstream enterprises across the zinc industry chain, industry associations, and all relevant parties, the 2026 SMM Zinc Industry Conference and the 8th Hot-Dip Galvanizing Industry Development and Technological Innovation Forum, the 14th Zinc Salt, Zinc Oxide and Zinc Secondary Resources Development Forum, and the Cast Zinc Alloy Development Forum is about to be held on August 6–8 in Qingdao, Shandong. The conference, themed “Gathering Zinc Momentum, Building the Zinc Industry, Embarking on a New Journey,” will be driven by dual engines of macro perspectives and fundamental analysis, closely following the main theme of high-quality development under the 15th Five-Year Plan, and focusing on four major dimensions: macro policies, supply-demand pattern, global trade, and technological innovation. It will leverage technological breakthroughs to drive cost reduction and efficiency improvement, address market fluctuations through collaborative innovation, and jointly draw a new blueprint for the high-quality and sustainable development of the zinc industry. Shanghai Eagle Metal Materials Co., Ltd. will make a grand appearance at this event to discuss industry development trends with peers and jointly propel the zinc industry to new heights. Click to sign up now, witness and participate in this momentous and far-reaching industry gathering, and together create a brilliant new chapter! Eagle Metal—Eagle Metal is one of the world’s major commodity traders. Established in 2000 and headquartered in Shanghai, China, the group has branches in Singapore, Hong Kong, Thailand and other locations. The group primarily engages in services and operations along the non-ferrous metals industry chain. Its business scope covers copper, aluminum, lead, zinc, tin, nickel, silver, platinum and palladium, copper concentrates, lead concentrates, zinc concentrates, and more. Business activities include domestic trade in multiple commodities and international import and export, with operations spanning mainland China, Singapore, Hong Kong, London, Chicago, Thailand, South America, Africa and other regions. In addition to its core business, the group provides upstream and downstream clients with integrated trade, warehouse financing, logistics and transportation, and other risk management services. Adhering to the business philosophy of “model innovation, win-win cooperation,” the company has established enduring and in-depth partnerships with numerous large domestic and international smelters, mines, trading enterprises, and well-known banks. It has also repeatedly received honors such as “Contract-honoring and Trustworthy Unit,” “Excellent Partner,” “Best Partner,” and “Most Valuable Customer” awarded by national and Shanghai municipal authorities. Eagle Metal – In the course of its development, Eagle Metal has upheld the corporate philosophy of "virtue carries all things, and constant dripping wears away the stone"; it has remained true to its original aspiration and persisted in innovation, fueling growth through innovation and advancing development through growth. Keeping pace with the global economy, it actively participates in competition both in and outside China. Through outstanding quality services, it enhances client value and corporate value, and with firm steps, it contributes all its strength to the advancement of the non-ferrous metal industry! Contact Information Zinc Business Contact: Miao Hanying 15021533905 Zinc Business Contact: Shi Yang 18004502057 Long press or scan the QR code to register now 2026 SMM Zinc Conference