Operating Rates of Blast Furnaces Down 1.3% on Week

Published: Oct 20, 2021 16:31
The operating rates of blast furnaces at steel mills fell 1.3% on the week and rose 1.4% from a month ago to 78% as of October 20, SMM survey showed.

SHANGHAI, Oct 20 (SMM) - The operating rates of blast furnaces at steel mills fell 1.3% on the week and rose 1.4% from a month ago to 78% as of October 20, SMM survey showed.

The production restriction policy intensified in late October from the level in the first half of the month. The blast furnaces operating rates are likely to fall again in the following week amid the upcoming heating season in winter.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Operating Rates of Blast Furnaces Down 1.3% on Week - Shanghai Metals Market (SMM)