Tag: China rebar
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China: Blast-furnace capacity use up for 5th week to 89.26%
Over May 20-26, the blast furnace capacity utilization rate among China’s 247 steel mills under Mysteel’s survey nudged up for the fifth straight week by another 0.59 percentage point on week to 89.26%, as some steelmakers in North, East and Southeast China had continued to resume their operations after regular maintenance works. Over the latest…