WEEKLY: China BF mills' output edges up further

Production among Chinese blast furnace (BF) steelmakers rose for the second straight week during January 1-8 amid increased work resumptions among the mills, Mysteel's latest survey showed.

During the latest survey period, the average capacity utilization rate among the 247 BF steel mills under Mysteel's tracking went up by 0.8 percentage point on week to 86%, while their combined hot metal production also grew 0.9% on week to average 2.3 million tonnes/day. During the same period, the