Author: Rahul Shrivas
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China’s EAF output rises for 3rd straight week, profits improve further
Mysteel Global: Run rates among Chinese electric-arc-furnace (EAF) steel producers continued rising during the week ended July 31, with the steelmakers producing enthusiastically to chase profits, the results of Mysteel’s latest survey showed. During July 25-31, the average capacity utilization rate among the 90 independent EAF steel producers under Mysteel’s tracking increased for the third…