Tag: China rebar
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China blast furnace capacity use up to 81.22%
The blast furnace capacity utilization rate among 247 Chinese steel mills under Mysteel’s regular survey had inched up for the second straight week over August 5-11, rising by another 1.62 percentage points on week to 81.22%, as more mills continued to resume operations or ramp up production with the improvement in their profit margins. Over…