Electric Furnace Operating Rates Gained 3% This Week amid Stable Power Rationing _SMM
The operating rates across 34 EAF mills of construction steel in China stood at 58.52% as of October 26, up 3 percentage points on the week.
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The operating rates across 34 EAF mills of construction steel in China stood at 58.52% as of October 26, up 3 percentage points on the week.
The operating rates of blast furnaces at steel mills fell 1.3% on the week and rose 1.4% from a month ago to 78% as of October 20, SMM survey showed.
The operating rates across licensed smelters of secondary lead in Jiangsu, Anhui, Henan and Guizhou stood at 56.17% this week, up 10.06% from the previous week, an SMM survey showed.
The average operating rate across lead-acid battery producers in Jiangsu, Zhejiang, Jiangxi, Hubei and Hebei provinces increased 6.36 percentage points from September 30 to 70.37% as of Friday October 15.
This is a roundup of China's metals weekly inventory as of October 15.