Tag: China’s blast furnace capacity use approaching 90%

  • China’s blast furnace capacity use approaching 90%

    China’s blast furnace capacity use approaching 90%

    The blast furnace (BF) capacity utilization rate among 247 Chinese steel mills under Mysteel’s monitoring grew for the 11th successive week to 89.28% over March 17-23, mainly as steel mills had been maintaining normal production on their remaining steel margins. Over the survey period, these 247 steel mills saw their BF capacity utilization rate gain…