Tag: China EAF capacity

  • China’s EAF capacity utilization recovers to 48.3%

    China’s EAF capacity utilization recovers to 48.3%

    The steelmaking capacity utilization rate among the 87 independent Chinese electric-arc-furnace (EAF) steelmakers under Mysteel’s regular survey increased for the third straight week last week, rising by another 25.01% percentage points on week to 48.34% as of February 16, as more EAF makers resumed operations after Chinese New Year, Mysteel Global noted. “The recent rebound…