Tag: margins shrink again
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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…