Author: Nabeera
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China: EAF production rises, mini-mills’ profits improve
Scrap prices fall by RMB 11/t, rebar rises RMB 20/t w-o-w North, Southwest China mills bring idled furnaces back online Mysteel Global: After retreating during the previous week, production among Chinese electric-arc-furnace (EAF) steel producers rebounded during 21-27 November, the results of Mysteel’s latest survey showed. A significant recovery in steel profits led the mills…