Home / Metal News / Jun operating rate at galvanising plants down on seasonal lull

Jun operating rate at galvanising plants down on seasonal lull

iconJul 5, 2018 16:58
Source:SMM
Operating rates at galvanising plants fell in Jun as weakening consumption grew inventories of finished products at major plants

SHANGHAI, Jul 5 (SMM) – Operating rates at galvanising plants across China decreased in June as weakening consumption grew inventories of finished products at major plants, SMM research found.

The operating rate came in at 81.16% last month, down 5.43 percentage points from a month ago and down 5.21 percentage points from a year ago.

The low season will extend to August. Further production cuts are also likely as China intensifies its environmental push.

In July, the operating rate is likely to dip 0.51 percentage point to 80.65%, SMM estimated from production plans across plants at the start of July. On a yearly basis, the rate is expected to be 2.83 percentage points lower.

Operating rates
Galvanising

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All