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Tag: China’s EAF capacity utilization dips 2nd week to 46.1%

  • China’s EAF capacity utilization dips 2nd week to 46.1%

    China’s EAF capacity utilization dips 2nd week to 46.1%

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    Admin Operation
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    Average capacity utilization among the 85 independent electric-arc-furnace (EAF) steelmakers across China under Mysteel’s regular survey had decreased for the second straight week as of October 13, slipping by another 2.13 percentage points on week to 46.1%, a new low since early September. Behind the decrease was the reduction in output among most steelmakers in…