SMM

SHANGHAI, Apr 24 (SMM) - The average operating rate of major aluminium plate/sheet and strip enterprises was unchanged at 79.4% last week. The demand recovery continued to slow down. Some small and medium-sized enterprises said that their new orders barely improved compared with the beginning of the month. It will take time for the domestic economy to fully recover, while production resumptions of overseas factories eroded the market share of Chinese exporters. In the short term, the operating rates of major aluminium plate/sheet and strip enterprises are expected to remain stable.