Author: Sakeena Rizvi
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WEEKLY: China’s EAF output falls further but margins improve
Mysteel Global: Output among Chinese electric-arc-furnace (EAF) steelmakers continues to fall, as the weak demand from steel end-users has forced more mills to reduce or even halt production, Mysteel’s latest survey showed. The losses incurred by the mills on steel sales have eased, however. During December 6-12, average capacity utilization among the 87 domestic EAF…