Tag: China’s blast furnace capacity use dips further to 88.17%

The production among Chinese blast furnace (BF) steel mills continued nudging down during this week as the mills saw their profit margins shrink again, while domestic steel demand showed no sign of growth, Mysteel’s latest survey showed. Over May 24-30, the average BF capacity utilization rate of the 247 steelmakers under Mysteel’s regular tracking lost…