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China's EAF capacity use increases as heating systems reactivate

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"Though residential ferrous scrap prices have actually been trailing the autumn in completed steel rates, the cost decline in scrap amongst some areas has actually outmatched the price decrease in regional steel rates," a Shanghai-based market watcher observed, saying the trend was particularly noticable in eastern and also southern areas of China. " It was

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Sophia

The capacity utilization rate of the 85 independent electric-arc-furnace (EAF) steelmakers throughout China sampled in Mysteel's survey edged up for the second week by another 3.02 percentage points on week to 52.47% as of October 27, as some EAF mil...

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