Are Zinc Oxide Plants Hurt after Operating Rates at Tire Producers in Shandong Fall? SMM Reports

Published: Jun 19, 2017 10:11

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Operating rates at all steel tire plants in Shandong fell over 10% in May. Some small tire plants in the region which did not meet requirements remained closed in June.

SHANGHAI, Jun. 19 (SMM) - Operating rates at all steel tire plants in Shandong fell over 10% in May. Some small tire plants in the region which did not meet requirements remained closed in June.

How did this affect local zinc oxide plants?

NBS: China Zinc Output Falls Remarkably in May

Overall, local zinc oxide plants were barely affected. Some small zinc oxide producers in Shandong slashed or ceased production, but medium and large ones witnessed steady orders, SMM survey showed. These producers absorbed orders from small ones.

ILZSG: Global Zinc Deficit Expands in April

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operating rate tire producers zinc oxide zinc

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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