WEEKLY: China's HRC output rises again by 1.8% on week

Production of hot-rolled coils (HRC) among the 37 Chinese flat steel producers Mysteel regularly monitors reached 3.24 million tonnes over March 13-19, up by another 56,800 tonnes or 1.8% on week, the results of Mysteel's production survey show.

The hot-rolling capacity utilization rate among the sampled mills also increased again by 1.45 percentage points to average 82.86% during the same period, the results indicated. Some steel mills in North China resumed their hot strip mill operations during the survey week, leading to the on-week rise in HRC output, respondents noted. Although the spring month of