SHANGHAI, Jun. 9 (SMM) – Utilization rate at major Chinese 45 zinc smelters is expected to stay high at 83-84% in June, Shanghai Metals Market foresees.
Stable production at most smelters will allow high utilization rate, SMM zinc group says.
The rate, up to 83.08% in May, is mainly due to rising prices of zinc, high TCs and production resumption after unit maintenance, SMM survey finds.
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