Tag: China: Blast furnace capacity use reverses from 7-week inclines

The blast furnace capacity utilization rate among the 247 Chinese steel mills Mysteel canvasses regularly reversed down over January 28-February 10 after seven weeks of inclines, easing by 4.94 percentage points on week to average 76.57% as of February 10, as some steel producers across the country had reined in their output on the request…