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Home / Metal News / Are Zinc Oxide Plants Hurt after Operating Rates at Tire Producers in Shandong Fall? SMM Reports

Are Zinc Oxide Plants Hurt after Operating Rates at Tire Producers in Shandong Fall? SMM Reports

Jun 19, 2017 10:11

Source:SMM

Operating rates at all steel tire plants in Shandong fell over 10% in May. Some small tire plants in the region which did not meet requirements remained closed in June.

SHANGHAI, Jun. 19 (SMM) - Operating rates at all steel tire plants in Shandong fell over 10% in May. Some small tire plants in the region which did not meet requirements remained closed in June.

How did this affect local zinc oxide plants?

NBS: China Zinc Output Falls Remarkably in May

Overall, local zinc oxide plants were barely affected. Some small zinc oxide producers in Shandong slashed or ceased production, but medium and large ones witnessed steady orders, SMM survey showed. These producers absorbed orders from small ones.

ILZSG: Global Zinc Deficit Expands in April

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

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tire producers

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

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

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Total zinc ingots inventories across seven major markets in China stood at 284,100 mt as of April 15, up 6,100 mt from April 8, down 3,700 mt from April 11.

Apr 15, 2022 17:49

Analysis

SMM China Zinc Inventory across Major Market Rose 6,100 mt on Week

SMM Morning Comments (Jan 4): Base Metals to Trend Lower as US Dollar Index Rebounds

Shanghai base metals mostly trended lower on Tuesday morning after US dollar rallied significantly. Meanwhile, their counterparts on LME performed similarly.

Jan 4, 2022 10:00

SMM Comments

SMM Morning Comments (Jan 4): Base Metals to Trend Lower as US Dollar Index Rebounds

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

Shanghai nonferrous metals mostly closed in the positive territory as the market was cheered up by the macro front, as China released its December official manufacturing and non-manufacturing PMI readings, which topped market expectation.

Dec 31, 2021 19:00

SMM Comments

SMM Evening Comments (Dec 31): Shanghai Nonferrous Metals Mostly Closed with Gains amid Encouraging China PMI for December

SMM: Zinc Prices Are Unlikely to Drop amid High Electricity Prices in the Eurozone

SHFE and LME zinc prices once again hit new highs in two months, mainly owing to the continuously rising electricity and natural gas prices which rose by more than 20% amid intensifying energy shortages in the eurozone, according to SMM. Meanwhile, the costs of smelters also climbed due to low zinc concentrate TCs as a result of tight supply.

Dec 23, 2021 15:41

SMM Insight

SMM: Zinc Prices Are Unlikely to Drop amid High Electricity Prices in the Eurozone

Operating Rates of Tin Solder Enterprises May Keep Rising Steadily at the End of Year

China's refined tin output stood at 8,162 mt in November, up 3.38% from October. The average capacity utilisation rate was 82.03%, up 2.68 percentage points.

Dec 17, 2021 15:01

Analysis

Operating Rates of Tin Solder Enterprises May Keep Rising Steadily at the End of Year

China Weekly Inventory Summary and Data Wrap (Dec 3)

This is a roundup of China's metals weekly inventory as of December 3.

Dec 3, 2021 20:00

Analysis

China Weekly Inventory Summary and Data Wrap (Dec 3)

Supply-Demand of Zinc Ingots to Return to a Tight Balance in December amid Maintenance at Smelters

Market focus this week includes the readings of the manufacturing PMI in the Eurozone in November and the Markit manufacturing PMI in the United States in November; the one-year loan market interest rate as of November 22 in China. On the events front, the Federal Reserve FOMC will release the minutes of the monetary policy meeting this Thursday; Bank of England Governor Bailey will deliver a speech this Friday.

Nov 23, 2021 10:15

SMM Insight SMM Comments

Supply-Demand of Zinc Ingots to Return to a Tight Balance in December amid Maintenance at Smelters

The Zinc Salt Industry Will See Higher Concentrate Ratio for Better Development

With the recent spike in raw materials prices, it is very difficult for indirect-process zinc oxide companies to survive if downstream sales prices do not increase. Since 2010 to date, the concentration of the zinc oxide industry has gradually increased, with the number of enterprises falling from more than 700 to around 150 as of today. However, although the concentration of production capacity has increased, the issue of overcapacity is very serious, mainly caused by the intensive competitions among the companies.

Oct 18, 2021 13:27

SMM Insight

The Zinc Salt Industry Will See Higher Concentrate Ratio for Better Development

SMM Morning Comments (Oct 12): Base Metals Basically Rose amid Extended Power Rationing

Shanghai base metals basically trended higher on Tuesday morning amid extended power rationing. Meanwhile, their counterparts on LME mostly fell.

Oct 12, 2021 09:47

SMM Comments

SMM Morning Comments (Oct 12): Base Metals Basically Rose amid Extended Power Rationing

Operating Rate of Lead-Acid Battery Plants Down 0.22% on Week

The average operating rate across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces decreased 0.22 percentage point from September 17 to 67.93% as of Friday September 24.

Sep 24, 2021 18:16

Analysis

Operating Rate of Lead-Acid Battery Plants Down 0.22% on Week

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Are Zinc Oxide Plants Hurt after Operating Rates at Tire Producers in Shandong Fall? SMM Reports

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SMM LME Metals Seminar 2025

Li-ION BATTERY China

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