January Operating Rates at Aluminum Plate, Sheet, Strip and Foil Producers Down 12.39% MoM-Shanghai Metals Market

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January Operating Rates at Aluminum Plate, Sheet, Strip and Foil Producers Down 12.39% MoM

SMM Insight 09:42:16AM Feb 13, 2012 Source:SMM

SHANGHAI, Feb. 13 (SMM) -- According to a recent SMM survey, operating rates at 34 aluminum plate, sheet, strip and foil producers were 41.05% during January, down 12.39% MoM, due mainly to production suspension at most enterprises during the Chinese New Year holiday.

Operating rates at large producers were 41.44% in January, down 10.45% MoM; operating rates at medium producers were 40.65%, down 18.3% MoM; and operating rates at small producers were 32.36%, down 28.6% MoM.

Enterprises have begun to resume operations gradually in February, but the production resumption was slow due to limited new orders and labor shortages. SMM predicts operating rates at aluminum plate, sheet, strip and foil producers will be 55% during February.  

 

Key Words:  operating rates  aluminum Al 

Price

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Aluminum Ingot
Apr.22
14130.0
80.0
(0.57%)
Alumina (Averaged)
Apr.22
2675.0
10.0
(0.38%)
Alumina-East
Apr.22
2690.0
10.0
(0.37%)
Alumina -Central
Apr.22
2680.0
10.0
(0.37%)
Alumina - North
Apr.22
2670.0
10.0
(0.38%)

January Operating Rates at Aluminum Plate, Sheet, Strip and Foil Producers Down 12.39% MoM

SMM Insight 09:42:16AM Feb 13, 2012 Source:SMM

SHANGHAI, Feb. 13 (SMM) -- According to a recent SMM survey, operating rates at 34 aluminum plate, sheet, strip and foil producers were 41.05% during January, down 12.39% MoM, due mainly to production suspension at most enterprises during the Chinese New Year holiday.

Operating rates at large producers were 41.44% in January, down 10.45% MoM; operating rates at medium producers were 40.65%, down 18.3% MoM; and operating rates at small producers were 32.36%, down 28.6% MoM.

Enterprises have begun to resume operations gradually in February, but the production resumption was slow due to limited new orders and labor shortages. SMM predicts operating rates at aluminum plate, sheet, strip and foil producers will be 55% during February.  

 

Key Words:  operating rates  aluminum Al