Author: Lalita
-
China’s EAF capacity use rises on easing power curbs
The steelmaking capacity utilization rate of the 71 independent Chinese electric-arc-furnace (EAF) steelmakers under Mysteel’s regular survey increased for the second straight week by another 1.04 percentage points on week to 61.6% as of August 19, as power supply constraints in the country’s southern regions had eased, encouraging local EAF producers to ramp up production.…