Tag: China Steel Capacity
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China EAF capacity utilization up on furnace resumption
As of September 9, the capacity utilization rate of China’s 71 independent electric-arc-furnace (EAF) steelmakers under Mysteel’s survey recovered from two weeks of declines, up 2.74 percentage points to 63.14%, as some EAF mills East and Southwest China had been back to production after their routine maintenance. Meanwhile, environmental protection inspections initiated by the country’s…