Tag: China’s Blast furnace capacity use dips 4th week to 84%

Over July 8-14, the blast furnace (BF) capacity utilization rate among China’s 247 steel mills under Mysteel’s survey had dropped for the fourth straight week by another 1.7 percentage points on week to 84.01% as of July 14, as most mills had been cautious with their steel output amid thinning margins or even losses, together…