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China steelmaking ingredients fall as utilisation rates slip for 7th week

Capacity utilisation rates of blast furnaces at 247 steel firms across China declined for the seventh straight week

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Reuters
Chinese steelmaking raw materials dropped on Friday, with iron ore and coking coal futures down more than 5% at one point, as production at steel mills stayed sluggish amid government curbs. 

Capacity utilisation rates of blast furnaces at 247 steel firms across China declined for the seventh straight week and stood at 74.8% as of Friday, down from 75.2% a week earlier,

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)