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WEEKLY: China’s blast furnace capacity use rises to 79%

The blast furnace (BF) capacity utilization rate among China’s 247 BF steel companies under Mysteel’s weekly survey increased further by another 1.66 percentage points on week to 78.6% over October 11-17, and their daily molten iron output up further by 46,400 tonnes/day on week to 2.2 million t/d.
The continuously slight increase in the BF capacity utilization rate was mainly attributed to the gradual ramp-up into normal pace of production at the steel mills in North China’s Shanxi, East China’s Shandong and Jiangsu, and central China’s Henan after the local restrictions were lifted since October 2, the survey

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