Hot Metal Production Declined Amid Environmental Protection-Driven Production Restrictions [SMM Survey]

Operating rates across licensed smelters of secondary lead in Jiangsu, Anhui, Henan and Guizhou stood at 61.11% this week, down 1.62% from the previous week, an SMM survey showed.

China's automobile production and sales were 2.04 million units and 2.13 million units, down 8.7% and 5.5% month on month respectively, and falling 6.8% and 3.1% year on year.

A water inrush accident occurred at the Dahongcai iron ore mine in Daixian County, Shanxi Province on June 10, leaving 13 people trapped, according to preliminary estimate.

Operating rates of blast furnaces at steel mills fell 1.2 percentage points from a week ago and decreased 0.9 percentage point from a month ago to 85.7% as of May 27, SMM survey showed.

According to the SMM survey that covers 102 blast furnace steel mills, 42.2% of them are undertaking maintenance or have trimmed output (excluding mills that reduced output by adjusting rates of equipment utilisation and raw material ratios), down from a ratio of 50% last week, as some long steel mills have recovered production from maintenance.

Operating rates across Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei averaged 55.21% in the week ended January 3

Operating rates across EAF steelmakers stood at 57% as of Oct 11, down 2 percentage points from the middle of Sep

The rate gained 1.23 percentage points from the prior week to stand at 53.06% in the week to Aug 16

Rate is expected to dip from 80% in May to 79% in Jun

Operating rates across brass bar producers in China averaged 74.65% in Jan, down 6.96 percentage points from Dec