China Aluminum Extrusion Operating Rate to Fall Further to 58% in May-Shanghai Metals Market

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China Aluminum Extrusion Operating Rate to Fall Further to 58% in May

Industry News 02:46:43PM May 25, 2015 Source:SMM
SHANGHAI, May 25 (SMM) – The average operating rate at Chinese aluminum extruders is expected to fall another 7 percentage points from a year ago to 58% in May, Shanghai Metals Market foresees. 
 
Despite interest rate cuts by the PBOC, it is still difficult for aluminum extruders to secure loans from banks, SMM has learned. This will undermine production at extrusions.  
 
The average operating rate at 30 aluminum extruders in SMM’s survey sample was 56.7% in April, up 6.02 percentage points from March, but down 9.83 percentage points year-on-year. 
 
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

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1# Zinc
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18460.0
60.0
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0# Zinc
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18530.0
60.0
(0.32%)
T/C for Domestic Zinc Concentrate
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6275.0
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60.0
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China Aluminum Extrusion Operating Rate to Fall Further to 58% in May

Industry News 02:46:43PM May 25, 2015 Source:SMM
SHANGHAI, May 25 (SMM) – The average operating rate at Chinese aluminum extruders is expected to fall another 7 percentage points from a year ago to 58% in May, Shanghai Metals Market foresees. 
 
Despite interest rate cuts by the PBOC, it is still difficult for aluminum extruders to secure loans from banks, SMM has learned. This will undermine production at extrusions.  
 
The average operating rate at 30 aluminum extruders in SMM’s survey sample was 56.7% in April, up 6.02 percentage points from March, but down 9.83 percentage points year-on-year. 
 
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.