
China’s Blast Furnace capacity use rebounds to 82.79%
The blast furnace (BF) capacity utilization rate ended a four-week drop and rebounded to 82.79% during March 15-21

The blast furnace (BF) capacity utilization rate ended a four-week drop and rebounded to 82.79% during March 15-21

Western governments are increasingly implementing policies to protect their local metal-producing industries from rivals

According to SMM research, on March 20, the blast furnace operating rate was 89.45%, an increase of 0.3% month-on-month.

After experiencing a sharp drop, Chinese spot prices for CRC are likely to gradually stabilize later this month and rebound in April

As flat rolled markets began to form a new down cycle in recent months, U.S. steelmakers appeared eager to halt declines.

Indian steel producers, including JSW Steel and Tata Steel are expected to invest billions in a capacity increase to meet rising demand

Klöckner & Co is less optimistic about the outlook for the European market than for North America, which is expected to perform strongly.

European mills producing hot-rolled coil are expected to cut their output as a lack of real end-user demand has forced prices downward.

The blast furnace (BF) capacity utilization rate slid for the fourth straight week to reach 82.58% during March 8-14, lower by another 0.53

Amid the recent downturn in steel prices and burgeoning inventories, steel associations across various Chinese are advocating for cuts

China’s total crude steel output came in at 167.96 million tonnes over January-February, higher by 1.6% YoY

The continued weakness in China’s steel futures and spot markets is depressing sentiment for rebar in Singapore and Hong Kong.