Category: Crude Steel

  • China: EAF production retreats further amid maintenance shutdowns

    China: EAF production retreats further amid maintenance shutdowns

    Improving margins, demand recovery to stabilise production Losses on rebar sales narrow to RMB 40/t from RMB 91/t Mysteel Global: Production among Chinese electric-arc-furnace (EAF) steelmakers continued to shrink during the past week due to increased maintenance stoppages among mills in southern regions of the country, Mysteel’s latest survey showed. During 17-23 April, the average…