With difficulty of profit hike, restart of EFs will be not in sight

Telah Terbit: May 20, 2024 15:12
Sumber: SMM
According to SMM survey of 50 EF steel mills that mainly produce construction steel, their operating rates were 41.26%, up 2.92 percentage points WoW, as of May 14.

According to SMM survey of 50 EF steel mills that mainly produce construction steel, their operating rates were 41.26%, up 2.92 percentage points WoW, as of May 14. Looking ahead, it will be more difficult for EF steel mills to purchase scraps, adding their production costs. In addition, elevated output and traditional lull demand will likely drag down spot construction steel prices. Overall, profits of EF steel mills may unlikely improve. Operating rates of EFs may edge down this week.

Pernyataan Sumber Data: Kecuali informasi yang tersedia untuk publik, semua data lainnya diproses oleh SMM berdasarkan informasi publik, komunikasi pasar, dan mengandalkan model database internal SMM. Hanya untuk referensi dan tidak menjadi rekomendasi pengambilan keputusan.

Untuk pertanyaan atau informasi lebih lanjut, silakan hubungi: lemonzhao@smm.cn
Untuk informasi lebih lanjut tentang cara mengakses laporan penelitian kami, hubungi:service.en@smm.cn