SMM Survey: Pig Iron Production Rebounds as Blast Furnace Resumptions Accelerate in Peak Demand Season

[SMM Survey: Peak Demand Season Accelerates Blast Furnace Resumption, Pig Iron Production Rebounds in March]

According to SMM's tracking survey data, 18 blast furnaces underwent maintenance in February, while 25 blast furnaces resumed production, resulting in a daily increase in pig iron production of 77,800 mt. The daily average pig iron production increased by approximately 20,000 mt. In March, 9 additional blast furnaces are expected to undergo maintenance, while 25 blast furnaces are expected to resume production, with the daily average pig iron production anticipated to increase by approximately 34,300 mt.