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WEEKLY: China BF capacity use up for 2nd week to 81.22%


The blast furnace capacity utilization rate among 247 Chinese steel mills under Mysteel's regular survey had inched up for the second straight week over August 5-11, rising by another 1.62 percentage points on week to 81.22%, as more mills continued to resume operations or ramp up production with the improvement in their profit margins.
Over the latest survey period, the 247 mills produced 2.19 million tonnes/day of hot metal on average, up 43,600 t/d on week, while the operational rate of their blast furnaces also edged up by 3.54 percentage points on week to 76.24% as of August 11.   The improved performance of BF makers


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