Spring Festival Approaching Holiday Concentration, Brass Bar Operating Rate Decreases Month-on-Month

This week (February 6–February 12), the operating rate of the brass rod industry decreased by 6.09 percentage points to 40.31%, indicating a decline in production activity. As the Spring Festival holiday approaches, new downstream orders have significantly slowed down, and companies’ production pace continues to slow. Next week, the industry will fully enter holiday mode, with the operating rate expected to drop to 0%. Future focus will be on the resumption of work after the holiday and the recovery of demand. (SMM)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)