China Zinc Alloy Producers to Delay Operation Restart after Holiday

Published: Feb 17, 2015 09:18

Save

Approximately 70% of zinc alloy producers in Henan, Jiangsu, Zhejiang and Guangdong will not resume production until after the Lantern Festival on Mar. 5, Shanghai Metals Market survey finds.

SHANGHAI, Feb. 17 (SMM) – Approximately 70% of zinc alloy producers in Henan, Jiangsu, Zhejiang and Guangdong will not resume production until after the Lantern Festival on Mar. 5, Shanghai Metals Market survey finds.

Poor orders, tight liquidity and stricter environmental protection inspections are blamed for their delay in production restart, SMM understands.

Zinc alloy producers in Henan have closed production since late January or early February, according to SMM survey. Local producers told SMM that they will not restart production right after the Chinese New Year holiday, which falls on Feb. 18-24, due to environment protection pressures.

The more stringent environmental protection measures after the introduction of new Environmental Protection Law have clamped down zinc alloy producers in Henan, a region in which many small-size, non environment-friendly plants located.

The sluggish property market depresses orders for zinc alloy producers, also cooling their enthusiasm in production.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

China environmental drive operating rate survey

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

5 hours ago

Tender Notice for Projects Including Safe and Energy-Efficient Copper Conductor Rails

5 hours ago

6 hours ago

The Most-Traded BC Copper Contract Closed Down 1.16%, Inflation Concerns Suppressed Expectations for Interest Rate Cuts [SMM BC Copper Commentary]

6 hours ago

7 hours ago

SHFE Copper Broke Below the 100,000 Mark Again, and Downstream Purchase Sentiment Cooled

Intraday, the SHFE copper 2603 contract fell below the 100,000-yuan mark for the second time after trading began. According to SMM, spot market activity today pulled back from March 9, when the contract first fell below 100,000 yuan, with overall trading sentiment remaining subdued on both buying and selling sides. On March 16, 2026, SMM's sentiment index for procurement in the Shanghai spot market was 2.53, while the sales sentiment index was 2.63, both down 0.29 from March 9. Historical data is available in the database. According to SMM, when copper prices fell below 100,000 yuan on March 9, some enterprises had restocking demand, which briefly boosted spot trade and brought it to a post-Chinese New Year trading high. But based on market feedback today, the contract rollover in futures may have had an impact. With copper prices again trading below the 100,000-yuan threshold, downstream enterprises showed signs of weaker acceptance.

7 hours ago