Operating Rates of Galvanising Enterprises Increased in February

Published: Mar 16, 2023 15:37
Source: SMM
The operating rates of galvanising enterprises increased on the month as they fully resumed production.

SHANGHAI, Mar 16 (SMM) - The operating rates of galvanising enterprises increased on the month as they fully resumed production. Restocking demand of traders and downstream enterprises also partially boosted the operating rates. In terms of sub-sectors, due to the earlier CNY holiday and low finished product inventory, galvanised pipe enterprises produced actively after the holiday as traders restocked intensively. Galvanised structural parts enterprises were less active in production as the actual recovery of terminal projects was slow.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Economic Improvement of the Boumadine Polymetallic Mine in Morocco
8 hours ago
Economic Improvement of the Boumadine Polymetallic Mine in Morocco
Read More
Economic Improvement of the Boumadine Polymetallic Mine in Morocco
Economic Improvement of the Boumadine Polymetallic Mine in Morocco
8 hours ago
Rising Fed Rate Hike Expectations and Zinc Inventory Buildup Weigh on SHFE Zinc【SMM Zinc Futures Review】
10 hours ago
Rising Fed Rate Hike Expectations and Zinc Inventory Buildup Weigh on SHFE Zinc【SMM Zinc Futures Review】
Read More
Rising Fed Rate Hike Expectations and Zinc Inventory Buildup Weigh on SHFE Zinc【SMM Zinc Futures Review】
Rising Fed Rate Hike Expectations and Zinc Inventory Buildup Weigh on SHFE Zinc【SMM Zinc Futures Review】
【Rising Fed Rate Hike Expectations and Renewed Zinc Inventory Buildup Weigh on SHFE Zinc】SHFE zinc 2611 contract opened at 26,555 yuan/mt, briefly edged up to 26,595 yuan/mt, then fluctuated lower to touch 26,280 yuan/mt. It closed at 26,335 yuan/mt, down 265 yuan/mt, or 1.00%, from the night-session close......
10 hours ago
US Fed rate hike expectations heat up, combined with zinc ingot social inventory shifting from decline to increase, SHFE zinc falls under pressure [SMM zinc futures review]
10 hours ago
US Fed rate hike expectations heat up, combined with zinc ingot social inventory shifting from decline to increase, SHFE zinc falls under pressure [SMM zinc futures review]
Read More
US Fed rate hike expectations heat up, combined with zinc ingot social inventory shifting from decline to increase, SHFE zinc falls under pressure [SMM zinc futures review]
US Fed rate hike expectations heat up, combined with zinc ingot social inventory shifting from decline to increase, SHFE zinc falls under pressure [SMM zinc futures review]
[Expectations for US Fed interest rate hikes intensify, combined with zinc ingot social inventory shifting from decline to increase, SHFE zinc falls under pressure] The daytime session of SHFE zinc 2611 contract opened at 26,555 yuan/mt, briefly rose to 26,595 yuan/mt in early trading, then drifted lower to a low of 26,280 yuan/mt, and finally closed at 26,335 yuan/mt, down 265 yuan/mt from the night session close, a decline of 1.00%. Trading volume increased to 58,201 lots, while open interest decreased by 108 lots to 128,000 lots......
10 hours ago