WEEKLY: Chinese BF mills' output stable, profits improve

After a retreat the previous week, production among Chinese blast-furnace (BF) steelmakers remained stable during January 16-22, as most mills maintained normal operations, according to Mysteel's survey.

During the latest survey period, the average capacity utilization rate among the 247 BF steel producers under Mysteel's tracking held steady at 85.5%, with their combined hot metal output unchanged on week at 2.28 million tonnes/day. In the past week, five blast furnaces in North, East, and Southwest China were