Shanghai Metals Market reported, manufacturers of aluminium wire and cable in China saw higher operation rates in April as warmer weather and progressing power projects drove producers in the east and north to step up production.
The rate stood at 42.5% in April, raise 2% points from March.
Operating rates across Chinese producers of aluminium wire and cable is expected to grow to 48% in May.
In other China news, operating rates across aluminium sheet/ plate and strip manufacturers increased in April on improved orders. Average operating rates across Chinese manufacturers stood at 75% last month.
Operating rates across aluminium sheet/plate and strip producers are expected to remain at 75% in May.
Updated On 10-May-2019
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