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[SMM Electric Furnace Operating Rate] Steel Prices Weaken, Some EAF Steel Mills Already Facing Losses
Feb 25, 2025, at 9:16 am
[SMM Electric Furnace Operating Rate: Steel Prices Weaken, Some EAF Steel Mills Face Losses] According to an SMM survey, as of February 25, the operating rate of 50 major electric furnace steel mills producing construction materials nationwide was 38.22% (up 5.06% WoW); the capacity utilisation rate was 39.33% (up 3.7% WoW); and the daily average production of construction materials was 87,600 mt (up 8,200 mt WoW).
According to the SMM survey, as of February 25, the operating rate of 50 major electric furnace steel mills producing construction materials nationwide was 38.22%, up 5.06% MoM; the capacity utilisation rate was 39.33%, up 3.7% MoM; and the daily average production of construction materials was 87,600 mt, up 8,200 mt MoM.
