Tag: China EAF steel production
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China: EAF output retreats as losses widen
Scrap prices hold firm w-o-w, but rebar dips 1.6% More output cuts likely as steel demand stays soft Mysteel Global: After a brief uptick in the previous week, the run rates among Chinese electric-arc-furnace (EAF) steel producers retreated again during the week ended 21 August, as sliding finished steel prices deepened losses among mini-mills and…