Tag: China rebar
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WEEKLY: China’s BF capacity use at 5-mth high of 88.44%
The capacity utilization rate of blast furnaces (BFs) operated by 247 Chinese steel mills had risen for the 10th consecutive week by another 0.41 percentage point on week to reach 88.44% over March 10-16, hitting a five-month high since mid-October 2022, according to Mysteel’s latest survey. Accordingly, these surveyed mills’ daily hot metal output had…