Tag: China’s blast furnace capacity use picks up to 83.61%

Chinese steel producers saw their hot metal production from blast furnaces (BFs) increase marginally this week as some mills lifted their output amid improved steel margins, Mysteel’s latest survey showed. During March 29-April 3, the BF capacity utilization rate among the 247 steel mills under Mysteel’s regular tracking averaged 83.61%, gaining 0.85 percentage point on…