Tag: China: Blast furnace use dips for 2nd week to 75.44%
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China: Blast furnace use dips for 2nd week to 75.44%
Blast furnace utilization among China’s 247 steel mills under Mysteel’s regular survey eased for the second week over February 11-17, slipping by another 1.13 percentage points on week to 75.44% as of February 17, as steel producers maintained low output amid the series of restrictive measures. Consequently, daily molten iron output among these 247 mills…