In May 2024 (31 days), the total output of remelting billets nationwide was 175,800 mt, down 14,400 mt MoM from April 2024 (30 days), a decrease of 7.6%. Compared to the same period last year, it decreased by 43,800 mt, a drop of 19.9%. The domestic operating rate of remelting billets in May was 40.4%, down 3.3% MoM and 18.1% YoY.

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