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Tag: China’s EAF capacity use keeps rising to reach 67.4%

  • China’s EAF capacity use keeps rising to reach 67.4%

    China’s EAF capacity use keeps rising to reach 67.4%

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    Admin Operation
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    The capacity utilization rate of the 87 independent electric-arc-furnace (EAF) steelmakers across China under Mysteel’s regular survey continued to rise last week, climbing for the eighth straight week by another 1.23 percentage points on week to reach 67.4% as of March 23 a new high since early May 2022. Remaining healthy profit margins persuaded more…