Telah Terbit: Jul 3, 2024 07:35
[SMM Steel Morning Meeting Summary: High Temperatures Loom as Rains Fade Away. Will Steel Prices Rise Out of the Doldrums in the Traditional Slack Season?] According to SMM research, this week's nationwide construction material rolling mill maintenance affected the production output by 1.0041 million tons. Later, due to the deviation in production efficiency, some long-process steel mills adjusted their production plans, shifting molten iron to more profitable products. Short-process steel mills continued to operate at a loss, and some electric furnace plants in East China and South China began to shut down for maintenance, so it is expected that the overall supply will decrease...

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[SMM Steel Morning Meeting Summary: High Temperatures Loom as Rains Fa - Shanghai Metals Market (SMM)