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Home / Metal News / Operating Rates of Blast Furnaces Down 1.3% on Week

Operating Rates of Blast Furnaces Down 1.3% on Week

Oct 20, 2021 16:31

Source: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.

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.

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operating rate

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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 at steel mills fell 0.91 percentage point on the week and 0.65 percentage point from a month ago to 80.25% as of September 15, SMM survey showed.

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Operating Rates of Blast Furnaces Down 1.3% on Week

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