NOTE: There will be no news and data updates over January 31-February 4 due to the Chinese New Year holiday.
UTC+8 ( BJT)

WEEKLY: China's BF capacity use largely stable at 74.33%

ABSTRACT

Over December 17-23, blast furnace (BF) capacity utilization rate among China's 247 steel mills under Mysteel's survey remained largely unchanged, nudging up by a tiny 0.05 percentage point on week to 74.33%.
The BF capacity use was 17.54 percentage points lower on year, due to the exceptional high base of last year amid the boost of government spending and domestic economic recovery.   During the latest survey period, daily molten iron output among the surveyed mills also remained largely unchanged at 1.99 million tonnes/day

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