Average Operating Rate at Chinese Zinc Smelters Rise to 86.32% in December 2014

Published: Jan 12, 2015 14:35

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Average operating rate at 41 major Chinese zinc smelters grew to 86.32% in December 2014, up 2.44 percentage points on a monthly basis, Shanghai Metals Market survey shows.

SHANGHAI, Jan. 12 (SMM) – Average operating rate at 41 major Chinese zinc smelters grew to 86.32% in December 2014, up 2.44 percentage points on a monthly basis, Shanghai Metals Market survey shows.

The rate, the highest level of 2014, was mainly driven by high zinc prices and 2014’s annual production targets, SMM learns.

Utilization rate at major domestic zinc smelters in January is expected to remain high in January 2015, SMM foresees, despite unit maintenance at some smelters after reaching year’s production plan.

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