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Tag: WEEKLY: China’s BF mills further rein in production

  • China’s BF-based steel mills further rein in production

    China’s BF-based steel mills further rein in production

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    Admin Operation
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    Enthusiasm for production among Chinese blast furnace (BF) steelmakers remained tepid this week, as steel demand from end-users waned further and profitability among the BF mills saw no improvement, Mysteel’s latest survey showed. Over May 31-June 6, the average BF capacity utilization rate of the 247 steelmakers under Mysteel’s regular tracking was 88.14%, lower by…