Did Galvanizers Hurt as China Moves to Boost Environmental Protection? SMM Reports

Published: Dec 12, 2016 12:01 (GMT+8)

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China stepped up environmental protection inspections recently. For the galvanizing industry, the Daqiu Village Industry Park in Jinghai District, Tianjin bore the brunt after the Zhasan Iron and Stee

SHANGHAI, Dec. 12 (SMM) - China stepped up environmental protection inspections recently. For the galvanizing industry, the Daqiu Village Industry Park in Jinghai District, Tianjin bore the brunt after the Zhasan Iron and Steel was publicly criticized.

SMM understands local galvanizers slashed or suspended production after the entry of central government environmental protection team.

Some producers were forced to cut output by 20% against early warning signal, SMM said. A few that failed to meet environmental protection requirements were shut down.

The Daqiu Village has over 100 galvanizers there which consume around 500,000 tonnes of zinc each year. Of these producers, some have been closed during environmental protection inspections over years past. So only a limited number of plants were actually shut down during recent inspections, SMM said. Plants that cut or cease production will return to production after early warning signals are canceled. Zinc consumption in Tianjin will fall about 1/4 in the near term due to environmental protection inspections.

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zinc prices galvanizers zinc alloy zinc consumption

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