Also promising. 84.59% BF capacity utilasation rates is getting there.The continuous and firm gains in Chinese steel prices during the past week saw the profit margins expanding further among domestic blast-furnace (BF) steelmakers, thereby encouraging the mills to lift their production, Mysteel's latest survey showed.During April 12-18, the BF capacity utilization rate among the 247 steel producers under Mysteel's regular tracking had risen for the third straight week by another 0.54 percentage point on week to reach 84.59%. During the same period, the daily average hot metal output of these sampled mills also increased.WEEKLY: Profits continue to boost China BF production
Source: Mysteel Apr 19, 2024 13:30
Also promising. 84.59% BF capacity utilasation rates is getting...
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