Chinese Refined Zinc production may advance in August
SHANGHAI (Scrap Register): China’s refined zinc output was 455,000 tonnes in July, down 1.66% on the month but up 1.62% on a yearly basis, SMM data showed.
Refined zinc production totaled 3.051 million tonnes in the first seven months of the year, a drop of 1.73% year-on-year.
Huludao Zinc Industry, Shaanxi Dongling Industry & Trade Group and Sihuan Zinc & Germanium finished maintenance cycle, SMM survey finds. Meanwhile, some zinc smelters, such as Yunnan Luoping Zinc & Electricity Company, stepped up production capitalizing on high-water period.
But, some other zinc smelters started maintenance in July. Despite high zinc prices and high profit, zinc production did not rise noticeably due to environmental protection and maintenance reasons.
After some smelters complete maintenance, China’s refined zinc output will grow in August, SMM predicts.