SHANGHAI, Jan 15 (SMM)－ The operating rates of Chinese galvanizing companies in January is likely to be some 20% lower than levels seen in December, SMM learned.
This is partly because snow storms in the north have affected the operations of downstream consumers while demand also turns weaker ahead of the Chinese New Year holiday in mid-February.
In fact, some galvanizing plants in north China have decided to shut down earlier as their inventory grew on sluggish demand.
In addition, some companies have limited their production due to frequent heavily polluted weather forecast and the gas rationing policies.
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