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Home / Metal News / Zinc Demand for Consumption

Zinc Demand for Consumption

Nov 10, 2017 10:33

Source:SMM

The investment on infrastructure in China has been at a stable increase.

SHANGHAI, Nov 10 (SMM) - Liu Mengyue, analyst of zinc products, said on the zinc oxide summit that the investment on infrastructure in China has been at a stable increase. From January to September, 2017, the investment on highway construction in China reached 1.5374 trillion yuan, a 7.2% increase YoY. Investment on China’s power grid reached 373.1 billion yuan, up by 4.6% YoY.

The article is edited by SMM and is provided for information purpose only. It does not mean SMM agrees with its views and SMM assumes no liability for accuracy of information contained or quoted in the article.

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The PMI for steel downstream sectors stood at 49.97 in November, down 0.1 point month on month, but up 0.29 point year on year. The seasonally-adjusted composite index stood at 49.77, an increase of 1.37 points MoM and 0.27 point YoY.

Nov 30, 2021 14:48

SMM Comments SMM Insight

Cold Weather Constrained Activities in Construction and Infrastructure Sectors in November, Recovering Demand Boosted Production in Manufacturing Sector

Zinc social inventories shrank 12,100 mt on week

SMM data showed that social inventories of refined zinc ingots across Shanghai, Tianjin, Guangdong, Jiangsu, Zhejiang, Shandong and Hebei decreased 12,100 mt in the week ended June 25 to 116,500 mt. The stocks fell 6,400 mt from Monday June 21.

Jun 25, 2021 14:44

Analysis

Zinc social inventories shrank 12,100 mt on week

SMM Morning Comments (Jun 25): Shanghai base metals mainly increased after agreement was reached on Biden’s infrastructure plan.

Shanghai base metals basically went up in the overnight trading after an agreement was reached between democratic and republican parties on Biden’s 579 billion infrastructure plan. LME base metals mostly increased as well.

Jun 25, 2021 10:00

SMM Comments

SMM Morning Comments (Jun 25): Shanghai base metals mainly increased after agreement was reached on Biden’s infrastructure plan.

SMM Morning Comments (Jun 24): Shanghai base metals rose across the board as US Markit PMI hit a new high

Shanghai base metals all went up on Wednesday night as the US June Markit PMI for manufacturing industry registered 62.6. LME base metals all rose as well.

Jun 24, 2021 10:00

SMM Comments

SMM Morning Comments (Jun 24): Shanghai base metals rose across the board as US Markit PMI hit a new high

China fixed-assets investment in railways likely exceed 820 billion yuan in 2020

China will step up its fixed-assets investment in rail infrastructure, with a number of local governments, including Shanghai and Guangzhou, confirming to boost their spending in the sector, as the country moves to tackle the economic fallout from the coronavirus pandemic.

Apr 26, 2020 10:27

Industry

China fixed-assets investment in railways likely exceed 820 billion yuan in 2020

Jiangsu to step up investment in ‘new infrastructure’

East China's Jiangsu province will accelerate its investment in new infrastructure projects in 2020, a move aimed at expanding information consumption and supporting the development of 5G networks, local authorities said in a press conference on April 15.

Apr 16, 2020 11:37

Industry

Jiangsu to step up investment in ‘new infrastructure’

China Southern Power Grid to invest 25.1 billion yuan for charging facilities construction in 4 years

The state-owned China Southern Power Grid company has planned to accelerate its investment in new energy vehicle charging facilities in the coming years, as part of the move to develop "new infrastructure" projects for boosting sustainable growth of the economy.

Apr 2, 2020 16:50

Industry

China Southern Power Grid to invest 25.1 billion yuan for charging facilities construction in 4 years

Eighteen Chinese provinces target to build over 413,000 5G base stations in 2020

Eighteen provinces in China including Shandong and Anhui have rolled out plans to construct a total of more than 413,000 5G base stations this year, as China speeds up the investment in new infrastructure to bolster consumption amid the impact of coronavirus outbreak.

Mar 30, 2020 13:45

Industry

Eighteen Chinese provinces target to build over 413,000 5G base stations in 2020

China to ramp up 5G network construction to revive economy

This is in response to the central government’s call to build "new infrastructure" projects to counter the economic fallout due to the coronavirus and boost the country's economy in the long term. New infrastructure, different from traditional infrastructure construction such as railways, roads, and airports, can be understood as new public facilities serving the needs of new industrialisation.

Mar 26, 2020 19:02

Industry

China to ramp up 5G network construction to revive economy

Ultra-high-voltage projects to limitedly drive copper consumption in 2020

China’s copper consumption growth sees limited traction from the critical investor—China State Grid (SGCC) this year, as the state-owned electricity network operator only plans a moderate investment increase. Ultra-high voltage (UHV) projects that have been heavily betted on to enhance the grid's distribution capacity, are not expected to significantly drive up copper consumption, either, as they will use aluminum conductor steel reinforced (ACSR) cables, rather than copper-containing cables, in overhead power lines.

Mar 26, 2020 15:28

SMM Insight

Ultra-high-voltage projects to limitedly drive copper consumption in 2020

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