Author: Hitanshi
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Chinese BF mills’ production retreats, profit margins shrink further
Blast furnace output eased as maintenance shutdowns increased. Lower steel prices pressured margins and curbed production. Mysteel Global: After rising for three straight weeks, production among China’s blast-furnace (BF) steelmakers slowed during the past week as more makers halted operations for maintenance, the results of Mysteel’s latest survey showed. During 29 May – 4 June,…