Tag: China EAF capacity
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China’s EAF capacity utilization recovers to 16%
The capacity utilization rate of the 71 independent electric-arc-furnace (EAF) steelmakers across China under Mysteel’s regular survey rose for the second week by another 13.32 percentage points on week to 15.96% as of February 17, as more EAF producers have gradually switched on their furnaces after the holidays, according to Mysteel’s assessment. Some EAF steelmakers…