Tag: WEEKLY: China’s EAF mills’ output rises further losses widen

Mills raise scrap purchase prices amid tight supply But margins fail to rise, as rebar tags fall by RMB 11/t Mysteel Global: Production among China’s independent electric-arc-furnace (EAF) steelmakers has now risen for 10 weeks straight, with more mills resuming operations after completing maintenance works this week, the findings of Mysteel’s latest survey showed. However,…