Tag: China’s Blast furnace capacity use dips to 87.61%

Over June 24-30, the blast furnace capacity utilization rate among China’s 247 steel mills had dipped for the second week by another 1.37 percentage points on week to 87.61%, indicating that some of the surveyed mills continued to trim production in response to their persistently thinned steel margins or even losses. Accordingly, during the latest…