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  • China’s blast furnace capacity use dips to 74.8%

    China’s blast furnace capacity use dips to 74.8%

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    Admin Operation
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    Over November 26-December 2, the blast furnace (BF) capacity utilization rate among China’s 247 steel mills under Mysteel’s survey eased for the seventh straight week by another 0.43 percentage point to 74.8%, or still hovering at the lowest since March 2018, suggesting that Chinese steel mills had been curtailing their output amid the series of…