[SMM Survey: New Blast Furnace Additions in 2024 Fall Short of Decommissioned Capacity, Ironmaking Capacity Declines]
According to SMM survey data, a total of 22 new blast furnaces will be added nationwide in 2024, with a total ironmaking capacity of 33.31 million mt. Meanwhile, 42 blast furnaces will be decommissioned, with a total ironmaking capacity of 34.71 million mt. In 2025, 18 new blast furnaces are expected to be commissioned, with a total ironmaking capacity of 26.06 million mt. At the same time, 22 blast furnaces will be decommissioned or phased out, with a total ironmaking capacity of 16.41 million mt...

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