SMM Reports: February HRC & CRC Daily Production Increases Despite Monthly Decline in Planned Output

Published: Feb 10, 2025 14:01

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[SMM HRC & CRC Production Schedule Report: Strong Orders, February HRC and CRC Daily Production Both Increase!]

According to the latest tracking by SMM, the planned February HRC commercial material output from 39 mainstream steel mills totals 13.8055 million mt, down 316,600 mt or 2.2% from the actual HRC commercial material production in January. On a daily average basis, the planned February HRC commercial material output is 493,100 mt/day, up 37,500 mt or 8.2% from the actual daily average HRC production in January.

According to the latest tracking by SMM, the planned February CRC commercial material output from 31 mainstream steel mills totals 4.2424 million mt, down 60,600 mt or 1.4% from the actual CRC commercial material production in January. On a daily average basis, due to fewer days in February, the planned daily average output is 151,500 mt, up 9.2% MoM from the actual daily average production in January.

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.

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