Tag: China’s BF capacity use keeps climbing to 88.57%

Production among Chinese blast furnace (BF) steel producers posted further growth overall this week, though the mills did not see any improvement in their profit margins, Mysteel’s latest survey showed. During May 10-16, the BF capacity utilization rates among the 247 steelmakers under Mysteel’s regular tracking averaged 88.57%, up by 0.9 percentage point from the…