SMM Report: March Daily Avg. CRC & HRC Production Declines Due to Maintenance

Published: Mar 7, 2025 15:27

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[SMM HRC & CRC Production Schedule Report: Impact of Maintenance, March Daily Average Production of CRC and HRC Both Pulled Back]

According to the latest tracking by SMM, the planned production volume of commercial CRC by 31 mainstream steel mills in March totaled 4.2753 million mt, an increase of 52,900 mt (up 1.3%) compared to the actual CRC production in February. On a daily average basis, with three more days in March than February, the daily planned production volume was 137,900 mt, down 8.5% MoM from the actual daily average production in February.

According to the latest tracking by SMM, the planned production volume of commercial HRC by 39 mainstream steel mills in March totaled 13.5438 million mt, a decrease of 203,700 mt (down 1.5%) compared to the actual HRC production in February. On a daily average basis, with three more days in March than February, the daily planned production volume of HRC was 436,900 mt, down 54,100 mt (down 11.0% MoM) from the actual daily average production in February.

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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