Category: HRC

  • China: EAF mills lift output despite thinning profits

    China: EAF mills lift output despite thinning profits

    Mills expand output as maintenance shutdowns conclude Falling rebar prices may dampen production enthusiasm  Mysteel Global: Production among China’s electric-arc-furnace (EAF) steelmakers continued expanding during the past week as more mills resumed operations after maintenance, Mysteel’s latest survey showed. During 15-21 May, the average capacity utilisation rate among the 94 independent EAF steel producers Mysteel…