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[SMM Survey] Operating Rate of Rolling Lines in Central China Increased Slightly, Capacity Utilisation Rate of Rebar Rose While That of Wire Rod Declined

  • Feb 18, 2025, at 2:18 am
[SMM Survey: Operating Rates of Rolling Lines in Central China Increased Slightly, Rebar Capacity Utilisation Rose While Wire Rod Declined] During the survey period (February 11 to February 17), the operating rates and capacity utilisation rates of rebar rolling lines in steel mills in the Central China region both increased; the operating rates of wire rod rolling lines increased slightly, while the capacity utilisation rates declined slightly.

Operating Rates and Forecasts of Construction Steel Production Lines in Central China Steel Mills

During the survey period (February 11–17), the operating rates and capacity utilisation rates of rebar rolling lines in Central China steel mills increased, while the operating rates of wire rod rolling lines increased slightly, and the capacity utilisation rates declined slightly.

Source: SMM

During the survey period (February 11–17), the operating rates and capacity utilisation rates of rebar rolling lines in Central China steel mills increased.

Specifically, rolling lines in Hunan operated normally during this period. In Hubei, one rolling line underwent maintenance, and another resumed production, maintaining overall stability. In Henan, EAF steel mills gradually resumed operations, with four additional rolling lines resuming production, driving an increase in regional rebar supply. Regarding in-plant inventory, downstream construction sites gradually resumed operations after the Lantern Festival, mainly increasing direct deliveries from Hubei steel mills, leading to a slight reduction in overall in-plant inventory.

Rebar production in Central China is expected to continue increasing next week, primarily due to the completion of blast furnace maintenance in long-process steel mills in the region and the addition of two rolling lines under production resumption plans, resulting in a slight increase in regional production.

Source: SMM

During the survey period (February 11–17), the operating rates of wire rod rolling lines in Central China steel mills increased slightly, while the capacity utilisation rates declined slightly.

Specifically, during this period, EAF steel mills in Central China gradually resumed operations, with two additional rolling lines resuming production. Meanwhile, due to insufficient pig iron caused by blast furnace maintenance in certain steel mills, one rolling line underwent maintenance. As a result, the operating rates of wire rod rolling lines in the region increased slightly, while production declined. Regarding in-plant inventory, the demand in Henan has not fully recovered, and the accumulation of in-plant inventory in certain steel mills led to a slight increase in overall regional in-plant inventory.

Wire rod production in Central China is expected to shift from a decline to an increase in the next period, primarily due to the completion of blast furnace maintenance in long-process steel mills in the region and the addition of two rolling lines under production resumption plans, driving an overall increase in regional production.

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