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Downstream Enterprises Increased Operations, Operating Rate of Die-Casting Zinc Alloy Rose This Week [SMM Weekly Review on Die-Casting Zinc Alloy]
Feb 21, 2025, at 7:37 am
[Operating Rates of Downstream Enterprises Increased, Operating Rates of Die-Casting Zinc Alloy Rose This Week] This week, the operating rates of die-casting zinc alloy recorded 54.78%, up 9.53 percentage points WoW. Raw material side, zinc prices overall maintained a fluctuating trend this week, with the center moving upward at the end of the week. Enterprises' raw material inventory for rigid demand remained basically flat WoW...
SMM, February 21: This week, the operating rate of die-casting zinc alloy recorded 54.78%, up 9.53 percentage points WoW.
Raw material side, zinc prices maintained a fluctuating trend overall this week, with the center moving upward at the end of the week. Enterprises' raw material inventories for just-in-time replenishment remained basically flat WoW.
Finished product inventories, driven by improved orders from large enterprises this week, saw a significant reduction in die-casting zinc alloy finished product inventories.
The increase in the operating rate of die-casting zinc alloy this week was mainly due to the normal production of some large enterprises that resumed operations last week, which boosted overall production.
In terms of specific end-user performance, orders for small hardware in the real estate sector are still in the recovery phase and are significantly affected by zinc price fluctuations. Orders in the technology sector, such as optical modules and electronic components, improved during the week. Meanwhile, some enterprises reported that export orders performed generally average recently, and due to the impact of Trump's tariffs, they remain cautious about the future trend of export orders.
Currently, downstream demand is still recovering. With the increasing number of enterprises resuming operations, the operating rate is expected to rise slightly to around 58% next week.
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