Author: Rahul Shrivas

  • China: BF mills’ output dips; profits grow further

    China: BF mills’ output dips; profits grow further

    Crude steel output falls amid BF maintenance Strong rally in finished prices boosts profits Mysteel: Production among Chinese blast furnace (BF) steel producers pulled back slightly during 18-24 July due to maintenance disruptions, while more mills enjoyed positive profit margins amid rising steel prices, Mysteel’s survey showed. During the latest survey period, the average capacity utilisation…