Tag: China: BF mills gain profits on steel sales in Oct’24 despite higher production costs

Rebar profits plunge, but HRC margins improve Medium plates turn profitable, reverse Sep’24 loss Mysteel Global: Chinese blast-furnace (BF) steel mills managed to earn some profits on their steel sales in October, though their production costs moved higher with the climb in prices of major steelmaking raw materials, according to Mysteel’s latest monthly survey of…