Lantern Festival Downstream Enterprises Resume Production Peak Period: How Was This Week's Operating Performance? [SMM Analysis]

Published: Feb 14, 2025 19:20
【How Did the Operating Performance Fare This Week During the Post-Lantern Festival Peak Resumption Period for Downstream Enterprises?】This week coincided with the Lantern Festival holiday. The resumption progress of zinc downstream enterprises in the three major sectors continued to advance, with weekly operating rates showing a significant rebound WoW...
SMM, February 14: This week coincided with the Lantern Festival holiday. The resumption progress of zinc downstream enterprises across the three major sectors continued to advance, with weekly operating rates showing a significant rebound WoW. Specifically, galvanizing enterprises have mostly resumed operations this week, but the weak performance of the ferrous market has led to overall weak orders. Die-casting zinc alloy enterprises also saw a considerable resumption this week, though overall consumption has yet to show a notable improvement, and some enterprises are still expected to resume operations next week. Zinc oxide enterprises similarly did not witness a significant increase in orders, but some began production mid-week, driving weekly operating rates higher. Some zinc downstream enterprises are still planning to resume operations next week, and operating rates are expected to continue rising.

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Lantern Festival Downstream Enterprises Resume Production Peak Period: How Was This Week's Operating Performance? [SMM Analysis] - Shanghai Metals Market (SMM)