[SMM Survey] SMM February Independent Pellet Plant Operating Rate Increased Slightly, May Decrease Slightly in March

Published: Mar 7, 2025 18:53

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According to the SMM survey, in February 2025, the operating rate of 33 sampled independent pellet plants in China was 59.36%, up 4 percentage points MoM from January. The regions with increased operating rates this month were mainly Anhui, Jilin, and Hebei, while the regions with declining operating rates were primarily Yunnan and Liaoning. The detailed analysis is as follows: In March, the operating rate of independent pellet plants is expected to decline slightly...

According to the SMM survey, in February 2025, the operating rate of 33 sampled independent pellet plants in China was 59.36%, up 4 percentage points MoM from January. The regions with increased operating rates this month were mainly Anhui, Jilin, and Hebei, while the regions with decreased operating rates were primarily Yunnan and Liaoning. For specific reasons, see the chart below:

Data Source: SMM

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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.

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