SMM

According to research by SMM, on March 20th, the blast furnace operating rate was 89.45%, marking a 0.3% increase compared to the previous period. The blast furnace capacity utilization rate stood at 90.38%, rising by 0.50% compared to the previous period. Additionally, the daily average hot metal production of sample steel mills reached 2.16 million tons, marking an increase of 11,900 tons compared to the previous period.