Tag: China’s blast furnace capacity use lowers to 89%

Over June 17-23, the blast furnace (BF) capacity utilization rate among China’s 247 steel mills Mysteel canvasses weekly reversed down after rising for eight weeks, dropping by 1.17 percentage points on week to 89% as of June 23, due to thinned steel margins and low-demand season of summer. During the latest survey period, these mills’…