Author: Shruti Tripathi
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About 60% of Chinese BF steel mills report profits
Mysteel Global: The number of profitable blast-furnace steel mills in China continued to increase this week, mainly thanks to the recovery in finished steel prices after market sentiment turned positive, Mysteel Global learned. Mysteel’s latest weekly survey showed that as of 15 May, about 59.3% of the 247 sampled BF steel mills under its regular…