Tag: China Steel Capacity
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China: Blast-furnace capacity utilization rises further to 81.5%
The blast furnace capacity utilization rate among the 247 Chinese steel mills under Mysteel’s regular survey inched up for the second week over February 25-March 3, rising by another 3.88 percentage points on week to 81.49%, as some steel mills in North China ramped up output further, encouraged by healthy profit margins and their hopes…