Intensive Blast Furnace Maintenance in Shanxi Drags Down Overall Operating Rates Sharply, SMM Survey

Published: Apr 26, 2023 16:49

Source: SMM

Save

According to SMM research, as of April 26, the average operating rate of blast furnaces surveyed by SMM was 93.31%, a decrease of 1.94 percentage points from a week earlier.

According to SMM research, as of April 26, the average operating rate of blast furnaces surveyed by SMM was 93.31%, a decrease of 1.94 percentage points from a week earlier. The blast furnace capacity utilization rates averaged 94.76%, also a decrease of 1.65 percentage points from the previous week.

The average daily pig iron output of the sample steel mills was 2.2671 million mt, a decrease of 39,500 mt from the previous week.

Region	Apr 19	Apr 26
BF operating rates	95.25%	93.31%
BF capacity utilisation rates	96.41%	94.76%
Daily average pig iron production of sample steel mills （10,000 mt）	230.66	226.71
Estimated daily average pig iron production of steel mills across Chia （10,000 mt）	265.53	265.53

Market review

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

MMi Daily Iron Ore Report (March 24)

Dalian iron ore futures strengthened during the morning session before paring gains in the afternoon. The most-traded I2605 contract settled at 824 RMB per tonne, representing a 0.55% increase from the prior trading day.

2 hours ago

Steel Exports See Modest Gains, High Freight Rates and CIF Prices Dampen Market Acceptance

SMM Flash: Overall, steel export quotations saw relatively small increases today, with most order shipment schedules concentrated in May and June. Recently, as international crude oil prices continued to rise, ocean freight rates increased sharply, and most traders' CIF quotations were too high to secure deals. Meanwhile, according to an SMM survey, taking the Vietnamese market as an example, the CIF prices of supplies from India, Russia, and other sources also rose significantly, and their advantage over local supplies was no longer prominent, resulting in low market acceptance.

2 hours ago

[SMM Hot-Rolled Arrivals] Shipments to South China Market Dropped Significantly WoW

SMM Steel, February 24 – According to SMM statistics, the estimated total shipments to mainstream markets this week reached 302,700 mt, up 50.90% WoW. By market:

2 hours ago