Tag: China’s EAF capacity utilization stable at 57.02%

The steelmaking capacity utilization rate of the 85 independent electric-arc-furnace (EAF) steelmakers across China regularly surveyed by Mysteel remained largely stable last week at 57.02% as of April 7, nudging down by a tiny 0.36 percentage point on week, as some EAF mills had no choice but to control their output to shepherd their relatively…