Tag: China’s BF capacity use edges up during CNY holiday

The blast furnace (BF) capacity utilization rate among the 247 Chinese steel producers under Mysteel’s regular tracking nudged up for the sixth straight week to reach 83.97% during 9-15 February, higher by 0.17 % point from the prior week, while the daily hot metal output among these steelmakers also rose by 4,800 tonnes (t)/day on…