Tag: margins shrink again

  • WEEKLY: Chinese BF mills’ output remains stable, margins shrink again

    WEEKLY: Chinese BF mills’ output remains stable, margins shrink again

    Blast furnace output stable despite shifting operations Weak steel prices and higher inventories compress margins Mysteel Global: Production among Chinese blast furnace (BF) steelmakers remained flat for the second straight week during January 23-29, with most mills keeping operations stable, according to Mysteel’s survey. During the latest survey period, the average capacity utilization rate among…