Tag: China’s blast-furnace capacity use retreats to 83.59%
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China’s blast-furnace capacity use retreats to 83.59%
The blast furnace (BF) capacity utilization rate among the 247 Chinese steel producers under Mysteel’s regular tracking ended a six-week rising streak and pulled back to 83.59% over February 16-22, lower by 0.38 percentage point from the prior week, with maintenance stoppages and narrow margins both impacting steelmakers’ production, Mysteel Global noted. During the same…