Tag: China’s blast furnace capacity use at 7-month high

Production among Chinese blast furnace (BF) steel mills ended a three-week drop and increased during this week, with more furnaces ignited after completing maintenance works, according to Mysteel’s latest survey. During June 7-13, the average BF capacity utilization rate of the 247 steelmakers under Mysteel’s regular tracking gained 1.39 percentage points on week to reach…