Tag: China BF mills’ production dips for 2nd week
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Chinese BF mills’ production dips for 2nd week
With more mills starting overhaul on furnaces amid tepid downstream demand, hot metal production among Chinese blast furnace (BF) steel producers continued falling for the second straight week, though the declining pace slowed, Mysteel’s latest survey showed. Over 28 June-4 July, the BF capacity utilisation rates of the 247 Chinese steelmakers under Mysteel’s regular tracking…