Tag: China BF capacity
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China’s Blast furnace capacity use at 3-month high of 89.08%
The capacity utilization rate of blast furnaces (BFs) operated by 247 Chinese steel mills had risen for the eighth consecutive week by another 0.75 percentage point on week to reach 89.08% over September 16-22, hitting a three-month high since late June, according to Mysteel’s latest survey. Accordingly, these surveyed mills’ daily hot metal output had…