Tag: China Blast furnace
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China: Blast Furnace capacity use at 2-year low
Over November 5-11, the blast furnace (BF) capacity utilization rate among China’s 247 steel mills under Mysteel’s survey eased to 75.72%, or hovering at a two-year low since the first week of October 2019 after the fourth week of ebbing by another 0.71 percentage point, as Chinese steel mills had been maintaining low output amid…