Operating Rate of Die-casting Zinc Alloy Manufacturers Dips 2.48 Percentage Points WoW last Week

SHANGHAI, Mar 27 (SMM) - The average operating rate of die-casting zinc alloy manufacturers was 56.84% last week, down 2.48 percentage points from 59.32% in the previous week. The raw material purchasing volume decreased slightly since the companies made some restocking a week earlier. The operating rates of some zinc alloy manufacturers dropped on the shrinking hardware export orders and Chinese auto part orders. Finished product inventories held by zinc alloy companies increased on the poor terminal consumption. It is expected that the operating rates will drop slightly this week with amounting tofinished product inventory.