Consumption Weakening, Operating Rates of Galvanising Producers Continue to Decline [SMM Galvanising Weekly Review]

[Consumption Weakens, Operating Rates of Galvanising Producers Continue to Decline] The operating rate of galvanising producers was 57.73% this week, down 0.6 ppt WoW. Raw material side, zinc prices fluctuated at highs this week. Downstream users restocked on rigid demand, mainly through long-term contracts, with few point-price purchases. Zinc ingot inventory at galvanising enterprises edged down.