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WEEKLY: China BF capacity use dips 2nd week to 91.24%

Blast furnace (BF) capacity utilization among China’s 247 steel mills under Mysteel’s survey dipped for the second week by 0.53 percentage point on week to an average of 91.24% over January 8-14, as some of the furnaces at the steel mills in North China’s Hebei province had been conducted maintenance with the outbreak of COVID-19 cases in the cities of Hebei.
During the latest survey period, these mills’ molten iron output averaged 2.43 million tonnes/day for all, or having inched down by 14,100 t/d on week, though the operational rates of the blast furnaces at these mills fell more sharply by 1.04 percentage points on week to 84.24%, though for now, their BF capacity utilization rate


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