Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Lithium Battery Cathode Precursor and Material Anode Materials Artificial Graphite Diaphragm Electrolyte Other Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / Maintenance impact on long steel output will continue to ease in June

Maintenance impact on long steel output will continue to ease in June

Jun 18, 2020 16:54

Source:SMM

Most steelmakers in China continued to maintain full operations and the impact of maintenance on output will further reduce from a month ago in June, driven by existing profits of rebar.

SHANGHAI, Jun 18 (SMM) – Most steelmakers in China continued to maintain full operations and the impact of maintenance on output will further reduce from a month ago in June, driven by existing profits of rebar.

About 160,000 mt of long steel output, including rebar and wire rods, is estimated to be impacted in June due to mills overhaul. This fell 64,600 mt from the affected volumes in May, showed an SMM survey based on steel mills maintenance schedule released as of June 17.

A slew of Chinese steel mills have returned from maintenance and moved up a gear in May amid rising demand.

SMM model calculations showed that rebar profits at blast furnace steelmakers in China stood at 53 yuan/mt as of June 17, based on seaborne iron ore prices of $105.95/mt. While taking into account the raw materials inventory turnover at steel plants, current profits for rebar came in at about 300 yuan/mt, SMM assessed.

Market commentary

Steel

Rebar

Maintenance

For queries, please contact William Gu at williamgu@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Morning Comments (Jan 22): Shanghai base metals performance mixed as traders monitored the beginning of Joe Biden’s presidency

Shanghai base metals traded mixed on Friday morning as traders monitored the European Central Bank's latest meeting and the beginning of Joe Biden's presidency. Meanwhile, their counterparts on the LME also set for a mixed start.

time

Jan 22, 2021 10:00

SMM Morning Comments (Jan 22): Shanghai base metals performance mixed as traders monitored the beginning of Joe Biden’s presidency

SMM Morning Comments (Jan 11): Shanghai base metals fell across the board as investors awaited the release of Chinese inflation data for December

Nonferrous metals on both SHFE and LME declined across the board on Monday morning. Developments on the coronavirus front will likely continue to be monitored by investors and could weigh on sentiment.

time

Jan 11, 2021 10:00

SMM Morning Comments (Jan 11): Shanghai base metals fell across the board as investors awaited the release of Chinese inflation data for December

SMM Morning Comments (Jan 5): Shanghai base metals were mostly higher following overnight Wall Street plunge

Nonferrous metals on the SHFE were mostly higher on Tuesday morning, and their counterparts on the LME rose across the board, following an overnight drop on Wall Street as fears surrounding the coronavirus pandemic lingered.

time

Jan 5, 2021 10:00

SMM Morning Comments (Jan 5): Shanghai base metals were mostly higher following overnight Wall Street plunge

Steel News Roundup

According to China Iron and Steel Association, the national standard of raw materials for secondary steel has been released recently and will be officially implemented on January 1 2021.

time

Dec 21, 2020 13:37

Steel News Roundup

SMM Morning Comments (Nov 30): Shanghai base metals increased across the board China’s manufacturing activities continued to expand in November

Shanghai base metals and their counterparts on the LME all cruised higher on Monday morning, holding onto their last Friday gains.

time

Nov 30, 2020 10:15

SMM Morning Comments (Nov 30): Shanghai base metals increased across the board China’s manufacturing activities continued to expand in November

SMM Morning Comments (Nov 26): Shanghai base metals were mostly lower as investors reacted to Fed meeting minutes

Shanghai base metals mostly declined on Thursday morning, as investors reacted to minutes released overnight from the US Federal Reserve's November meeting. Meanwhile, their counterparts on the LME were mostly higher on the board.

time

Nov 26, 2020 09:39

SMM Morning Comments (Nov 26): Shanghai base metals were mostly lower as investors reacted to Fed meeting minutes

SMM Morning Comments (Nov 20): Shanghai base metals were mostly higher and the LME complex also rose for the most part

Nonferrous metals on the SHFE were mostly higher on Friday morning, and their counterparts on the LME also rose for the most part.

time

Nov 20, 2020 09:25

SMM Morning Comments (Nov 20): Shanghai base metals were mostly higher and the LME complex also rose for the most part

China blast furnace operating rates rose slightly as Tangshan removed emergency response to heavy air pollution

Operating rates of blast furnaces at Chinese steel makers rose slightly this week as Tangshan decided to lift the level II emergency response to heavy air pollution.

time

Nov 19, 2020 15:26

China blast furnace operating rates rose slightly as Tangshan removed emergency response to heavy air pollution

SMM Evening Comments (Nov 16): Shanghai nonferrous metals rose broadly on the signing of RECP and positive Chinese economic data

SHFE nonferrous metals were mostly higher on Monday November 16 on the signing of the Regional Comprehensive Economic Partnership (RECP) over the weekend and upbeat Chinese economic data released today.

time

Nov 16, 2020 18:48

SMM Evening Comments (Nov 16): Shanghai nonferrous metals rose broadly on the signing of RECP and positive Chinese economic data

SMM Morning Comments (Nov 12): Shanghai base metals performance mixed as the pandemic situation remains severe

Shanghai base metals traded mixed on Thursday morning following an overnight bounce for tech stocks on Wall Street as a recent rotation into cyclicals paused. Meanwhile, their counterparts on the LME also set for a mixed start.

time

Nov 12, 2020 09:28

SMM Morning Comments (Nov 12): Shanghai base metals performance mixed as the pandemic situation remains severe

SMM Events & Webinars

Apr
09
- NET ZERO MEA - Solar & Energy Storage
  Apr 09 - 10,2025
  MARRIOTT HOTEL AL JADDAF, DUBAI, UAE
Apr
09
- 2025 SMM (20th) Lead & Zinc Conference and Industry Expo
  Apr 09 - 11,2025
  To promote the sustainable development of lead and zinc industry to build a high-end, professional, pragmatic exchange p
  Nanjing · Jiangsu ·China
Apr
16
- CLNB 2025 (10th) China International New Energy Industry Expo
  Apr 16 - 18,2025
  Suzhou International Expo Center, Jiangsu, China

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.