Traffic Restrictions affect Galvanized Tube Consumption in Hebei

Published: Aug 24, 2015 12:03
Galvanized tube demand weakened as Beijing, Tianjin and Hebei implemented traffic restrictions, especially for heavy load trucks, SMM reports.

SHANGHAI, Aug. 24 (SMM) - Galvanized tube demand weakened as Beijing, Tianjin and Hebei implemented traffic restrictions, especially for heavy load trucks, SMM reports.

Downstream processors in Tianjin significantly reduced zinc ingot purchases. Galvanizers in South China maintained operating rates mostly unchanged, SMM adds. Production in some other regions was affected by the high temperatures.

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Traffic Restrictions affect Galvanized Tube Consumption in Hebei - Shanghai Metals Market (SMM)