Zinc Price Retreats, But Operating Rates Rise in Downstream Galvanizing and Die-Casting Sectors

게시됨: Feb 28, 2025 17:55
【This Week's Zinc Price Center Pulled Back: Operating Rates Across Zinc Downstream Sectors】This week, the zinc price center pulled back, while the operating rates of galvanizing and die-casting zinc alloy sectors increased. For galvanizing, galvanized pipe enterprises saw a resurgence of "rush to buy amid continuous price rise and hold back amid price downturn" sentiment following the pullback in ferrous metals prices, coupled with restocking by end-users, which led to a slight increase in overall production. In the die-casting zinc alloy sector, the gradual resumption of production by end-user enterprises, along with the decline in zinc prices, also contributed to an increase in production. However, in the zinc oxide sector, as a few enterprises had not resumed operations due to their own reasons, the overall operating rate of zinc oxide remained relatively small. Next week, China is expected to hold the Two Sessions, and whether there will be restrictions related to environmental protection remains to be closely monitored. Nevertheless, with downstream consumption improving, the operating rates of enterprises across various sectors are expected to rise next week.

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【This Week's Zinc Price Center Pulled Back: Operating Rates Across Zin - Shanghai Metals Market (SMM)