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Improved orders grow Apr operating rates across aluminium sheet/plate, strip producers
SHANGHAI, May 10 (SMM) – Operating rates across Chinese manufacturers of aluminium sheet/plate and strip gained 2 percentage points from March to stand at 75% in April, up 4 percentage points from the same period the year before, SMM data showed.
Greater orders drove producers to step up production.
SMM expects the rate to remain at 75% in May.
Improved orders grow Apr operating rates across aluminium sheet/plate, strip producers
SHANGHAI, May 10 (SMM) – Operating rates across Chinese manufacturers of aluminium sheet/plate and strip gained 2 percentage points from March to stand at 75% in April, up 4 percentage points from the same period the year before, SMM data showed.
Greater orders drove producers to step up production.
SMM expects the rate to remain at 75% in May.
