Zinc prices reached a two-year high. How are the operating rates of various downstream zinc sectors? [SMM Analysis]

Last week, the operating rates of downstream zinc sectors showed mixed changes. By sector, the galvanizing sector saw a recovery in production as environmental protection-driven production restrictions ended and ferrous metals prices stabilized. Large galvanizing producers resumed production, and due to concerns about future export issues, the sector continued to "rush exports," with companies increasing their operating rates to deliver early.
In contrast, the die-casting zinc alloy and zinc oxide sectors experienced a decline in operating rates due to high prices. Some die-casting zinc alloy companies halted production, and in the zinc oxide sector, the ceramics segment weakened with the arrival of winter, while other segments showed little change.