According to the SMM survey, on July 2, the operating rate of blast furnaces at 242 steel mills surveyed by SMM was 87.54%, down 0.42 percentage points WoW.

As of June 27, SMM data showed that the total inventory of iron ore at 35 ports reached 136.92 million mt, an increase of 140,000 mt WoW.

According to the SMM survey, as of June 25, the operating rate of blast furnaces at 242 steel mills surveyed by SMM was 87.96%, up 0.26 percentage points WoW. The capacity utilization rate of blast furnaces was 89.45%, up 0.35 percentage points WoW. The daily average pig iron production of the sampled steel mills was 2.4179 million mt, up 9,500 mt WoW.

According to the SMM survey, the impact from maintenance on construction steel declined slightly this week (6.21-6.27). Multiple steel mills resumed production on their construction steel rolling lines that were under maintenance last week or this week, resulting in an impact from maintenance on construction steel of 1.2689 million mt this week, down 8,800 mt WoW.

[Profits Under Pressure, Coke Plant Operations May Continue to Decline Next Week] This week, coke prices remained stable, having no negative impact on coke plant profits. However, on the cost side, coking coal prices also remained stable this week, with no further concessions from coal mines. Looking ahead, due to the overall loose supply-demand pattern and low downstream purchase willingness, coke prices are expected to fall further. However, the decline in costs will narrow, making it difficult to promptly restore coke plant profits. It is anticipated that coke plant profits will still face downward pressure next week.

[Live: Global New Energy Vehicles & China's Low-Altitude Economy Outlook, Analysis of Electric Drive Metal Prices, Sharing of Innovative Technologies for Motor Materials] ►Analysis and Future Outlook of the Global New Energy Vehicle Market ►Development and Outlook of China's Low-Altitude Economy ►Development Opportunities and Challenges of Low-Altitude Electric Aircraft ►Industrialisation Breakthrough of Ultra-Thin Soft Magnetic Materials for High-Efficiency Drive Motors ►Price and Cost Analysis of Electric Drive Metal Materials

According to the SMM survey, as of June 18, the operating rate of blast furnaces at 242 steel mills surveyed by SMM was 87.70%, down 0.45 percentage point WoW.

According to the SMM survey, as of June 11, the operating rate of blast furnaces at 242 steel mills surveyed by SMM was 88.15%, down 0.11 percentage point WoW. The capacity utilisation rate of blast furnaces was 89.51%, down 0.05 percentage point WoW. The daily average pig iron production of the sampled steel mills was 2.4149 million mt, down 1,400 mt WoW.

According to the SMM survey, as of June 4, the operating rate of blast furnaces at 242 steel mills surveyed by SMM was 88.26%, down 0.09 percentage point WoW. The capacity utilisation rate of blast furnaces was 89.56%, down 0.18 percentage point WoW. The daily average pig iron production of the sampled steel mills was 2.4163 million mt, down 5,000 mt WoW.

According to a survey by SMM, as of May 28, the operating rate of blast furnaces at 242 steel mills surveyed by SMM was 88.35%, down 0.06 percentage points WoW.