Tag: WEEKLY: Healthy profits boost BF production in China

Mysteel: Production enthusiasm among Chinese blast furnace (BF) steelmakers continued growing this week, as recent rises in steel prices led to a clear improvement in mills’ profitability, while steel demand from end-users showed a marked recovery, Mysteel’s latest survey showed. During 4-10 October, the BF capacity utilisation rate among the 247 steel producers under Mysteel’s…