Tag: China.steel
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China’s blast furnace capacity use retreats to 82.39%
The blast furnace (BF) capacity utilization rate among 247 Chinese steel mills under Mysteel’s survey retreated slightly from the prior week’s incline, down by 0.25 percentage point on week to 82.39% over December 16-22, as some of the surveyed mills had reined in their steel output amid the lukewarm demand from downstream users. During the…