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Zinc Prices Rose Significantly This Week: How Did the Operating Rates of Zinc Downstream Sectors Perform? [SMM Analysis]
Dec 27, 2024, at 5:18 pm
【Zinc Prices Rose Significantly This Week: How Did the Operating Rates of Zinc Downstream Sectors Perform?】
This week, zinc downstream consumption showed mixed performance. The production of galvanizing and zinc oxide declined as the weather gradually cooled and year-end approached, due to the arrival of the off-season for some end-user orders and company holidays, leading to lower operating rates. In contrast, the production of die-casting zinc alloy increased this week, driven by the completion of equipment maintenance at some major factories and the resumption of production at certain enterprises, resulting in higher operating rates.
SMM December 27 News:
This week, zinc downstream consumption showed mixed performance. The production of galvanizing and zinc oxide declined as the weather gradually turned colder and the end of the year approached. Factors such as the arrival of the off-season for some end-user orders and company holidays led to a decrease in the operating rate. In contrast, the production of die-casting zinc alloy increased this week, driven by the completion of equipment maintenance at some major factories and the resumption of production at certain enterprises, resulting in a rise in the operating rate.
