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Home / Metal News / Profit recovery drove up operating rates of EF steel mills

Profit recovery drove up operating rates of EF steel mills

Nov 13, 2023 10:31

Source:SMM

As of November 7, the operating rates of 34 EF steel mills that mainly produced construction steel were up 4.35 percentage points WoW at 46.38% as profits recovered significantly amid strong finished steel prices.

As of November 7, the operating rates of 34 EF steel mills that mainly produced construction steel were up 4.35 percentage points WoW at 46.38% as profits recovered significantly amid strong finished steel prices. SMM predicted that the operating rates of EFs will be stable-to-higher, boosted by optimistic sale/production status and profits.

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