Author: Sakeena Rizvi
-
China: BF mills’ output falls further amid thinning margins
Strengthening iron ore, coke prices squeeze margins Only 35% of tracked BF mills making profits on steel sales Mysteel Global: Production among Chinese blast furnace (BF) steel producers continued to shrink during 21-27 November as more mills started maintenance works, Mysteel’s latest survey showed. Widening losses on steel sales dampened mills’ production enthusiasm as well.…