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WEEKLY: Blast furnace capacity use stable at 78.5%

The blast furnace capacity utilization rate among China’s 247 steelmakers primarily using blast furnaces for ironmaking kept stable over November 15-21, down by 0.21 percentage point on week to 78.47%, according to Mysteel’s latest weekly survey released on November 22.
Accordingly, their daily molten iron output dippedby 8,300 tonnes/day to 2.2million t/d, as during the survey week, some steel mills in Hebei and Shandong provinceswere required to cut production as part of measures local governments were adopting to reduce industrial pollution. Also during the survey week, the operation rate of the

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