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WEEKLY: China BF capacity use up for 3rd week to 83.89%

ABSTRACT

The blast furnace (BF) capacity utilization rate among 247 Chinese steel mills under Mysteel's regular survey had inched up for the third week over August 12-18, rising by another 2.66 percentage points on week to 83.89%, as more steel producers in North and East China ramped up output further in response to their improving profit margins.
Over the latest survey period, these mills produced an average of 2.26 million tonnes/day of hot metal, up 71,100 t/d on week, while their BF operational rate had also edged up for the third week by another 1.67 percentage points on week to 77.9% as of August 18.   During the week,

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