NewsDownstreamAverage operating rate at Chinese aluminum FRP producers down to 59.58% in July
19 AUGUST 2014Shanghai Metal Market

Average operating rate at Chinese aluminum FRP producers down to 59.58% in July

Edited by : AL CIRCLE
1 min read
Average operating rate at Chinese aluminum FRP producers down to 59.58% in July
Average operating rate at major Chinese aluminum plate/sheet, strip and foil producers fell by 1.49% to 59.58% in July, Shanghai Metals Market survey reveals.

The decline in rate, also a year-on-year 2.12% drop, was due mainly to poor orders and shorter production times during hot days, according to SMM survey.

The offseason demand, liquidity conditions and stiffer competition are major problems facing those surveyed FRP producers, SMM understands.

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