According to SMM research, the operating rates across 34 EF steel mills that produced construction steel in China was 42.03% as of October 31, up 2.35 percentage points WoW. Raw material pressure on steel mills’ profits ebbed significantly, easing losses suffered by EF steel mills. Therefore, most sample steel mills were still willing to produce. It is expected that the operating rate of EF steel mills will continue to pick up this week.

![Harga Magnesium Naik Tiga Sesi Berturut-turut! Sisi Biaya Tetap "Membara" Sementara Sisi Permintaan Kesulitan Mengambil Alih [Komentar SMM]](https://imgqn.smm.cn/usercenter/EutUV20251217171724.jpeg)
![[SMM Analysis] China Tidak Lagi Hanya Mengekspor Baja ke Asia Tenggara](https://imgqn.smm.cn/usercenter/FFFrV20251217171719.jpg)
