Tag: WEEKLY: China BF mills’ output dips further amid thinning margins

Chinese blast furnace (BF) steelmakers further reined in production after seeing their profit margins shrinking again, while waning demand from steel end-users also slowed mills’ production activity, Mysteel’s latest survey showed. The average BF capacity utilization rate among the 247 steel producers under Mysteel’s regular tracking had dropped for the third straight week by another…