Tag: China’s blast furnace capacity use dips further to 83.34%

The blast furnace (BF) capacity utilization rate among the 247 Chinese steel producers under Mysteel’s regular tracking slid for the second straight week during 23-29 February, losing 0.25 percentage point from the prior week to reach 83.34% mainly due to mills’ maintenance stoppages, Mysteel Global noted. During the survey period, the daily hot metal output…