Operating Rates of Blast Furnaces Fell 0.1 Percentage Point on Week

The Ministry of Ecology and Environment announced that in 2021, China’s 145 million mt of steel production capacity completed the ultra-low emission transformation of the whole process.

The operating rates across 34 EAF mills of construction steel stood at 54.58% as of December 28, a gain of 0.68 percentage point from the previous week.

This is a roundup of news in the steel industry for last week.

The operating rates of blast furnaces at steel mills dropped 0.15% from a week ago, but increased 4.01% from a month ago to 77.85% as of October 27, SMM survey showed.

This is an overview of China’s imports and exports of metals in September.

The operating rates of blast furnaces at steel mills fell 2.76% on the week and 7.16% from a month ago to 73.84% as of September 29, SMM survey showed.

China's import volume of unwrought copper and copper semis in August were 393,900 mt, a year-on-year decrease of 41.07%, and a month-on-month decrease of 7.2%. The imports from January to August were 3.61 million mt, a year-on-year decrease of 15.4%.

Operating rates across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces stood largely flat at 69.41% on the week as of Friday July 30.

The steel industry plays an important role in leading global low-carbon development and addressing climate change under the carbon neutrality target. And as traditional processes are reaching their carbon reduction limits, the steel industry must achieve breakthrough technologies in order to realise this target. In the future, hydrogen metallurgy will become the new windfall for the steel industry. This article will giver an overview of the key cooperation projects between international mines and China steel companies in the field of low carbon technology.

Operating rate of major aluminium processing enterprises fell 4.3 percentage points to 66.5% last week. The operating rate in Henan slumped 24.6 percentage points to 41%, the sharpest decline among all regions, as the worst ever flooding has forced local enterprises to reduce or suspend production.