Operating Rates of Blast Furnaces Up 5.46% on Week_SMM

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Home / Metal News / Steel & Iron Ore / Operating Rates of Blast Furnaces Up 5.46% on Week

Operating Rates of Blast Furnaces Up 5.46% on Week

Oct 13, 2021 18:26

Source:SMM

The operating rates of blast furnaces at steel mills rose 5.46% on the week and fell 0.95% from a month ago to 79.3% as of September 29, SMM survey showed.

SHANGHAI, Oct 13 (SMM) - The operating rates of blast furnaces at steel mills rose 5.46% on the week and fell 0.95% from a month ago to 79.3% as of September 29, SMM survey showed.

The operating rates of blast furnaces surged entering October, mainly because many blast furnaces in Jiangsu and Shandong, which suspended production in late September, resumed production in October.

The operating rates next week are likely to see mild volatility.

blast furnace

operating rates

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The operating rates of blast furnaces at steel mills fell 3.65% on the week and 4.5% from a month ago to 76.6% as of September 22, SMM survey showed. Increasing plants in Jiangsu and Shandong reduced or suspended production. The operating rates are expected to fluctuate rangebound.

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Operating Rates of Blast Furnaces Down 0.91% on Week

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