WEEKLY: Chinese BF mills' production holds steady

Production among Chinese blast furnace (BF) steelmakers continued to expand during April 10-16, though the increase slowed down compared with previous weeks, Mysteel's survey showed.

Over the latest survey period, the average capacity utilization rate among the 247 BF steelmakers under Mysteel's tracking stood largely stable on week at 89.8%, slightly higher by 0.04 percentage point from the prior week, while their combined daily hot metal production edged up 0.05% on week to 2.4