Home > News > China's tire industry has seen a significant increase in capacity utilization after the holiday season!
China's tire industry has seen a significant increase in capacity utilization after the holiday season!
2024-02-23

The Spring Festival holiday is the most important traditional holiday in China, during which most companies will stop work and take a vacation, and employees go home to celebrate the New Year. However, with the holiday over, companies need to resume production as soon as possible to meet market demand.

According to financial media reports, after the Spring Festival holiday, most of the semi-steel tire enterprises began to resume work around the sixth day of the first month, and the scheduling of production resumed rapidly, driving a significant increase in the capacity utilization rate of China's semi-steel tire sample enterprises. This data shows that the production capacity of China's tire industry is recovering rapidly, and is expected to meet the market's large demand.

At the same time, the capacity utilization rate of all-steel tire enterprises also improved, reaching 50.57%. This indicates that not only semi-steel tire enterprises, but also all-steel tire enterprises are actively resuming production to meet market challenges.

In addition, this phenomenon also reflects the resilience and adaptability of China's tire industry. Although the Chinese New Year holiday had some impact on production, enterprises were able to resume production within a short period of time, showing strong production capacity and efficient management mechanism.

Overall, the resumption of work in China's tire industry after the Spring Festival was accelerated, and capacity utilization increased significantly, showing the industry's vitality and resilience. In the future, China's tire industry is expected to continue to maintain efficient production capacity to meet market demand.

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