[SMM HR & CR Production Schedule] — August: Steel Mill Daily Average Production Schedule Continued to Decline MoM

SMM CR Production Schedule: In August, steel mill CR production schedule fell 2.5%, and daily average production schedule fell 2.5%

According to SMM’s latest tracking, the total planned volume of cold-rolled commercial material from 31 mainstream CR sheet steel mills this month was 3.9262 million mt, down 100,300 mt or 2.5% from the actual cold-rolled commercial material production of last month.

On a daily average basis, as the number of days in August was the same as in July, the daily average production schedule for cold-rolled commercial material in August was 126,700 mt, down 2.5% MoM from the actual daily average production of last month.

SMM HR Production Schedule: In August, steel mill HR production schedule fell 2.5%, and daily average production schedule fell 2.5%

According to SMM’s latest tracking, the total planned volume of hot-rolled commercial material from 39 mainstream HRC steel mills this month was 13.086 million mt, down 329,700 mt or 2.5% from the actual hot-rolled commercial material production of last month. On a daily average basis, as the number of days in August was the same as in July, the daily average production schedule for hot-rolled commercial material in August was 422,100 mt, down 2.5% MoM from the actual daily average production of last month.

This month, the total planned volume of hot-rolled commercial material from 54 steel mills after SMM’s sample expansion was 17.433 million mt, down 1.3% MoM from the actual production of last month.

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