China blast furnace utilization . . . During June, the indicator grew steadily, reaching 91.98% by the end of the month
The level of use of blast furnace capacities in China among 247 Chinese steel plants during June 23-29, 2023, increased by 0.38 pp compared to a week earlier – up to 91.98%. Thus, the indicator reached the annual maximum. SteelMint reports about it with the reference to Mysteel survey data.
China’s blast-furnace steel mills have been steadily increasing their capacity utilization over the past four weeks. This was facilitated by positive changes in the steel market and rising prices for finished products. The profitability of the mills last month reached the best level since April 2022.
China blast furnace utilization . . . During June, the indicator...
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