Author: Kalpesh Padhiar
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China’s EAF output drops further, margin losses expand
Mysteel Global: More electric-arc-furnace (EAF) steelmakers in China reduced or even halted production this week as the losses they were suffering on steel sales worsened, Mysteel’s latest survey showed. During 30 May 30-5 June 2025, the average capacity utilization rate among the 90 independent EAF steel producers under Mysteel’s regular tracking decreased for the third…