WEEKLY: China's BF capacity use rebounds to hit 93.03%
Source: Mysteel 13:50
Iron Ore InventoryProduction
After a brief dip in the previous week, the blast furnace (BF) capacity utilization rate among the 247 Chinese steelmakers under Mysteel's tracking edged up again during September 15-21, rising by 0.38 percentage point on week to 93.03% and hitting a record high since mid-October 2020, according to Mysteel's latest survey.Meanwhile, the BF operational rate of these surveyed mills climbed by 0.4 percentage point from a week ago to 84.47%, and their daily average hot metal output accordingly gained by 10,100 tonnes/day on week to hit the highest level since October 2020 at 2.49 million t/d. Market sources told Mysteel
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