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Die-Casting Zinc Alloy Enterprises Gradually Resumed Production, With a Slight Increase in Operating Rate This Week [SMM Weekly Review on Die-Casting Zinc Alloy]
Feb 07, 2025, at 3:22 pm
[Die-Casting Zinc Alloy Enterprises Gradually Resume Operations, Operating Rate Edged Up This Week] This week, the operating rate of die-casting zinc alloy enterprises recorded 21.22%, up 1.28 percentage points WoW from the last week before the holiday. Raw material side, zinc prices pulled back slightly after the holiday, prompting some enterprises to restock for rigid demand...
SMM, February 7: This week, the operating rate of die-casting zinc alloy recorded 21.22%, up 1.28 percentage points WoW from the last week before the holiday.
Raw material side, zinc prices pulled back slightly after the holiday, prompting some enterprises to restock for rigid demand, leading to a slight increase in raw material inventories.
Finished product inventories, as transportation gradually returned to normal, many enterprises began delivering orders, resulting in a slight decrease in finished product inventories.
The increase in the operating rate of die-casting zinc alloy this week was mainly due to the resumption of production by some enterprises, which boosted overall production. However, enterprises reported that downstream consumption has not fully recovered, and orders remain sluggish, indicating that it will take time for alloy production to return to normal.
Additionally, some enterprises are still on the Chinese New Year holiday, and more enterprises are expected to resume production after the Lantern Festival, potentially pushing the operating rate of die-casting zinc alloy to around 56.80% next week.
》Click to view the SMM Metal Industry Chain Database