Author: Lalita
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China’s EAF capacity use rise on improving margins
China’s independent electric-arc-furnace (EAF) steel mills saw their capacity utilization recover slightly last week, according to Mysteel’s’ latest survey. The profit margins these EAF producers are enjoying on their output had improved, thanks to the recovery of finished steel prices recently. As of July 8, the capacity utilization rate of the 71 EAF mills under…