From the raw material supply side, orders in the automotive and home appliance sectors remained robust in April and May, while demand from real estate and infrastructure projects was weak. Overall, steel mill orders were moderate, but with relatively good profits, steel mills had a high willingness to produce, and steel ash production did not decrease. However, as steel mills' recycling capacity improved, the zinc grade of steel ash declined. Additionally, starting in April, stricter standards for steel ash recycling and emissions were implemented, increasing the difficulty of purchasing raw materials. This led to an undersupply in the steel ash market, making it difficult for low-grade zinc oxide manufacturers to maintain a stable supply. Some low-grade zinc oxide enterprises halted production to accumulate raw materials starting from the Chinese New Year and only resumed production in May. Steel ash prices remained high, causing low-grade zinc oxide prices to rise.

[What are the reasons for the increase in the coefficient of low-grade zinc oxide?] What are the reasons for the recent price increase of low-grade zinc oxide? How will it develop in the future?

【Why Does the Zinc Slag Coefficient Remain High?】According to SMM, the overall zinc slag coefficient remained high in February. What are the reasons behind this? How will it perform in the future? ...

【Post-Holiday Secondary Oxygen Coefficient Continues to Pull Back and Stabilize: What Will Be the Future Trend?】 Raw material supply side, after the Chinese New Year, end-user resumption progress has been relatively slow. Except for the robust demand in the automotive and home appliance sectors, steel demand in other sectors remains weak. Many steel mills have undertaken maintenance and cut production, leading to reduced steel mill production…

[Low-Grade Zinc Oxide Coefficient Drops Back Slightly as Chinese New Year Approaches] Recently, the low-grade zinc oxide coefficient has dropped back slightly. What are the reasons? What will be the future trend? ......

Recently, the zinc hypoxide coefficient has seen a slight increase.

LME and SHFE base metals closed mostly with losses overnight.

Overnight, LME zinc opened at $2,859/mt and closed at $2,791.5/mt, down $58/mt or 2.04%.