Galvanizing Enterprises Consumption Weakens, Galvanizing Residues Coefficient Setting New High

SHANGHAI, Oct. 24 (SMM)－It is learned that current price coefficient of residues of Zinc Oxide has set new high. This is mainly because one on hand, with the high price of zinc, the price of zinc residues has also risen up. On the other hand, due to green policies in North China, some galvanizing enterprises have suspended or limited their production, causing reducing output and supply. But zinc oxide plants are operating normally with good demand, leading to a rising price of zinc residues. SMM learned that current Galvanizing Residues Coefficient in North China is around 92%.

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