This Week Terminals Continued to Recover: How Did Zinc Downstream Sectors Perform in Terms of Operating Rates? [SMM Analysis]

SMM March 7 News:

This week, zinc prices rose, but end-use consumption continued to recover. The operating rates of galvanizing and zinc oxide increased. From the perspective of galvanizing, many galvanized pipe traders remain optimistic about the "Golden March and Silver April" and have started restocking. The sales volume of galvanized pipes was relatively good, and galvanized pipe manufacturers have maintained low finished product inventories since the beginning of the year, increasing production to restock finished products. In the zinc oxide sector, with the gradual warming of the weather, ceramic orders showed slight improvement, and enterprises held positive expectations for subsequent ceramic orders. As for die-casting zinc alloy, the operating rate of die-casting zinc alloy decreased this week, mainly because a major factory chose to suspend production to consume its previously accumulated inventory, leading to a decline in overall production.

(The above information is based on market data collection and comprehensive evaluation by the SMM research team. The information provided in this article is for reference only and does not constitute direct investment research advice. Clients should make decisions cautiously and not replace independent judgment with this information. Any decisions made by clients are unrelated to SMM.)

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