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SHANGHAI, Jun. 20 (SMM) – Average operating rate at Chinese die-cast zinc alloy producers fell 2.7% from April to 60.7% in May due to soft demand, Shanghai Metals Market survey found.
The drop in production was due largely to poor orders from bathroom accessory, lockset and handle sectors amid the sluggish property market, according to SMM survey of domestic die-cast zinc alloy makers in Shanghai, Zhejiang, Jiangsu, Fujian, Guangdong, Shandong, and Henan provinces.
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