SHANGHAI, Aug. 17 (SMM) – Yiwu Environmental Protection Bureau ordered alloy producers to close for rectification August 14, 2017. Electroplaters whose alloy raw materials contain high cadmium were majorly affected.
LME Zinc Hits Nearly 10-Year High on China Reason
Many electroplaters in Yiwu and Wenzhou, Zhejiang Province were forced to shut down, SMM reported. This will affect nearly 30% of orders at die-cast zinc alloy producers in Zhejiang and some zinc consumption in the near term.
Why Zinc Price Hits 10-Year High? Where is it Head? SMM Reports
But, alloy plants in other regions were not affected yet, SMM added.
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