[Production Schedules of Major Plants Improved, Operating Rates of Galvanising Producers Rose]: This week, the operating rate of galvanising producers reached 59.55%, up 2.32 percentage points WoW. Regarding raw material inventory, zinc prices rose steadily this week. Early in the week, some downstream enterprises, concerned about potential further increases in zinc prices, restocked on dips. Later, as zinc prices surged, restocking was mainly driven by rigid demand and inventory consumption, leading to a slight decline in zinc ingot inventory...

【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? ...

【Rebound in Premiums in Tianjin After Chinese New Year: What Are the Reasons?】According to SMM, premiums in the Tianjin region have gradually rebounded after the Chinese New Year. What are the reasons behind this? How will the subsequent premiums and discounts trend?......

[Galvanising Enterprises Gradually Take Holidays, Operating Rates Continue to Decline]: This week, the operating rates of galvanising producers stood at 44.91%, down 8.81 percentage points WoW. Regarding raw material inventory, zinc prices pulled back to a monthly low in April, prompting enterprises to increase pricing at low points...

[Finished Product Inventories of Galvanising Enterprises Increase as Chinese New Year Approaches: What Will Happen After the Holiday?] Ferrous metals are one of the main raw materials for galvanising enterprises. It can be observed that since December, ferrous metals prices have been continuously declining and fluctuating at low levels. Moreover, as Chinese New Year approaches, most end-users have suspended operations and gone on holiday, leading to a decrease in demand for galvanised pipes...

[How Did Galvanizing Perform Across Regions in December as 2024 Concluded?] The operating rates of galvanising producers continued to grow in December, with overall consumption remaining strong. How did the operating rates of galvanising producers perform across different regions?...

Impacted by the weak real estate market and infrastructure construction, starting from H2 2024, the operating rates at galvanising producers have been weaker than the same period in previous years.

In the week ending June 21, the operating rates at galvanising producers recorded 57.31%, down 6.11 percentage points from a week ago. Due to the slight drop in zinc prices at the beginning of the week, dip buying led to an increase in raw material inventories from a week ago.

In June 2024, SMM organised a galvanising field trip in Anhui to understand the operating rates of the galvanising market.

The average days of raw material inventory across downstream sectors in April decreased by 0.5 day on the month to 5.2 days. The average raw material inventory days at galvanising plants fell by 0.8 day to 5.1 days, and inventory days at die-casting zinc alloy plants decreased by 0.1 day to 4.3 days. Inventories of raw materials at zinc oxide plants dropped by 0.4 day to 9.0 days.