Home / Metal News / Operating Rate Of Die-Casting Zinc Alloy Manufacturers Rose Last Week

Operating Rate Of Die-Casting Zinc Alloy Manufacturers Rose Last Week

iconJun 6, 2023 10:23
Source:SMM
The average operating rate of die-casting zinc alloy manufacturers was 47.52% last week, up 0.52 percentage point from 48.04% in the previous week. In terms of raw material inventory, since enterprises still took deliveries one after another during the week, the raw material inventory of die-casting zinc alloy enterprises basically remained flat despite the rebound in zinc prices.

The average operating rate of die-casting zinc alloy manufacturers was 47.52% last week, up 0.52 percentage point from 48.04% in the previous week. In terms of raw material inventory, since enterprises still took deliveries one after another during the week, the raw material inventory of die-casting zinc alloy enterprises basically remained flat despite the rebound in zinc prices.

In terms of operating rates, there were still some manufacturers who produced for orders in the second half of May. Therefore, despite the decrease in new orders, the overall operating rate stabilised. Considering the off-season in June, it is expected that the operating rates of zinc alloy enterprises may decline in the near term.

More popular news:

Commodity Price Bubble Finally Burst, but Metals Demand Will Surge

Glencore to Massively Expand Copper Capacity

SMM Daily Comments (Jun 2): All Metals Closed Higher with SHFE Nickel Leading Gains, Coke Surged

SMM Daily Comments (Jun 1): Base Metals Mostly Rose with SHFE Aluminium Surging, Ferrous Metals Rose across the board, Iron Ore Skyrocketed

SMM Daily Comments (Jun 5): Base Metals Mostly Fell, Ferrous Metals Bucked the Trend to Surge, Oil Gained Further on Saudi Arabia Output Cuts in July

SMM Indonesia Nickel and Cobalt Industry Chain Conference: Global Nickel & Cobalt Supply and Demand Prospect, Impact from NEV Development

Commerzbank Lowers Price Forecast for Copper, Aluminium, Zinc and Nickel for 2023 and 2024

Rumours Say Glencore Will Raise Takeover Bid for Teck Resources, but Another Big Obstacle Lies Ahead

Market forecast
Market review
Output

For queries, please contact Michael Jiang at michaeljiang@smm.cn

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

Related news