Tag: China Blast furnace
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China’s blast furnace capacity use drops to a three-month low
Over September 17-23, blast furnace (BF) capacity utilization rate among China’s 247 steel mills under Mysteel’s survey fell to a new low since July 2, reaching 82.06% after the third-week decline and at a faster pace of 1.68 percentage points on week, as more steel mills across the country have further reined in output on…