SHANGHAI, Aug 14 (SMM) –
Statistics from SMM indicate that domestic production of DMC in July approximated at 197,100 mt, marking an impressive 27.24% surge month-on-month from June, and setting a new peak in the production volume over the preceding two years. As June ended, a total of six domestic DMC enterprises collectively resumed their operations, reflecting a combined capacity of 1.4 million mt. Following an increase in furnace temperatures and a successful trial production phase, these entities officially began product output in early July, resulting in a conspicuous rise in operational rates. Moreover, July saw only one DMC enterprise halting its operations for maintenance, which corresponds to an annual production capacity of 100,000 mt.. Forecasts for August hint at a modest decline in production, attributed to maintenance undertakings by a few DMC enterprises.
