According to the SMM survey, as of May 21, the operating rate of blast furnaces at 242 steel mills surveyed by SMM was 88.41%, down 0.23 percentage point WoW. The capacity utilisation rate of blast furnaces was 90.08%, down 0.37 percentage point WoW. The daily average pig iron production of the sampled steel mills was 2.4303 million mt, down 10,000 mt WoW.
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.