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  • China’s blast furnace capacity use largely stable at 79.6%

    China’s blast furnace capacity use largely stable at 79.6%

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    by

    Vaibhav Dubey
    in

    The blast furnace capacity utilization rate among 247 Chinese steel mills under Mysteel’s regular survey remained largely stable over July 29-August 4, reversing from six weeks of declines, though it was up by merely 0.3 percentage point on week to 79.6%, as some steelmakers had gradually resumed operations amid recently-improved market sentiment. During the survey…