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WEEKLY: China BF capacity use dips 6th week to 75.23%

ABSTRACT

Over November 19-25, the blast furnace (BF) capacity utilization rate among China's 247 steel mills under Mysteel's survey eased for the sixth straight week by another 0.11 percentage point to 75.23%, or still at the lowest since March 2018, as steel mills especially those in North China had been observing the series of production curbing measures.
During the latest survey period, these mills' daily molten iron output decreased for the sixth week too by another 3,100 tonnes/day to 2.02 million t/d in total, and their operational rate declined for the second week by 0.69 percentage point to 69.66% against 86.33% a year ago.   Steelmakers in Tangshan in

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