[SMM Electric Furnace Operating Rate] Electric Furnace Plants Gradually Enter Annual Shutdown, Overall Operating Rate Continues to Decline

Published: Jan 14, 2025 17:48

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[SMM Electric Furnace Operating Rate: Electric Furnace Mills Gradually Enter Annual Shutdown, Overall Operating Rate Continues to Decline] According to the SMM survey, as of January 14, the operating rate of 50 major electric furnace steel mills producing construction materials nationwide was 35.38% (down 2.08% MoM); the capacity utilisation rate was 37.56% (down 1.08% MoM); the daily average production of construction materials was 83,600 mt (down 2,400 mt MoM).

According to the SMM survey, as of January 14, the operating rate of 50 major electric furnace steel mills producing construction materials nationwide was 35.38% (down 2.08% MoM); the capacity utilisation rate was 37.56% (down 1.08% MoM); and the daily average production of construction materials was 83,600 mt (down 2,400 mt MoM).

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