SMM Construction Steel Mill Production Schedule (56 Mills) February 2025 Rebar: The planned production of rebar in February is 8.0104 million mt, a decrease of 283,900 mt compared to the actual production in January, down by 3.42%. Coiled Rebar: The planned production of wire rod in February is 3.1817 million mt, an increase of 83,200 mt compared to the actual production in January, up by 2.69%.

According to an SMM survey, the stainless steel production in China in May was approximately 3.2632 million mt, up 2.41% MoM and 4.66% YoY.

SMM data showed that China's copper cathode output in May was 1.0086 million mt, up 23,500 mt or 2.39% MoM, and up 5.19% YoY, exceeding the expected 977,100 mt by 31,500 mt.

Prices of #6517 silicon-manganese were 7,200-7,250 yuan/mt in Inner Mongolia in cash,

Ports in north China: Australian ore 48-48.5 yuan/mtu, flat from the previous trading day, Australian ore 44.5-45.5 yuan/mtu, South African manganese semicarbonate ore 35-36 yuan/mtu,

rices of #6517 silicon-manganese were 7,250-7,300 yuan/mt in north China markets in cash, down 100 yuan/mt from from last week, and those in south China markets moved between 7,350-7,400 yuan/mt, down 50 yuan/mt from from last week, those in Guangxi were 7,400-7,450 yuan/mt, flat from last week.

Prices of #6517 silicon-manganese were 7,250-7,300 yuan/mt in north China markets in cash, flat from the previous trading day;

Ports in north China: Australian ore 48-49 yuan/mtu, flat from the previous trading day, Australian ore 45.5-46.5 yuan/mtu, South African manganese semicarbonate ore 36-36.5 yuan/mtu,