SHANGHAI, Oct. 26 (SMM) –The average operating rate at Chinese aluminum plate, sheet, strip and foil producers will fall more sharply in October after a slight decline in September, SMM foresees.
SMM bases its prediction on the fact that demand is not strong in October, the traditional high-demand period.
The rate was 56.72% at those surveyed by SMM in in September, down slightly from 57.61% in August, due mainly to weakening domestic and overseas demand.
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