Tag: China rebar
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China’s blast furnace capacity use hits 4-month low of 81.4%
Over July 15-21, the blast furnace (BF) capacity utilization rate among China’s 247 steel mills under Mysteel’s survey had dropped for the fifth week by another 2.61 percentage points on week to 81.4% as of July 21, or a new low since mid-March. Over the latest survey period, daily molten iron output among these 247…