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WEEKLY: China BF capacity use surges to 95.2%

The blast furnace capacity utilization rate among China’s 247 steel mills under Mysteel’s survey inched up for the fourth week over August 7-13, hitting 95.16%, or a new high since the update of the survey samples in January 2019, suggesting that the majority of the domestic steel producers had been maintaining high output.
The utilization rate was up another 0.41 percentage point on week, and these mills’daily molten iron output increased by 10,900 tonnes/day on week to 2.53 million t/d in total over the week. The operational rate of these blast furnaces nudged up too by another 0.52percentage point on week to 91.93%, according to Mysteel’s database. “Many domestic steel

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