Tag: restrictive measures

  • China: Blast furnace capacity use down to 2-year low

    China: Blast furnace capacity use down to 2-year low

    Over October 29 – November 4, the blast furnace capacity utilization rate among the 247 Chinese steel mills under Mysteel’s regular tracking eased to 76.43%, or a new low since September 4 2019 after having subsided for the third week by another 2.4 percentage points, as more steel producers, especially in North China, had trimmed…