Author: Lalita
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China BF capacity use rises to 87.7%
The blast furnace capacity utilization rate among China’s 247 steel mills under Mysteel’s regular inched up for the second week over April 9-15, rising another 0.72 percentage point on week to 87.67%, as some steel mills in North and Central China ramped up their output on higher steel margins in the domestic market. Over the…