WEEKLY: China's EAF mills' production retreats

After rising for two weeks straight, steel production among Chinese electric-arf-furnace (EAF) steelmakers dropped again during December 5-11, despite a further recovery in their profit margins, Mysteel's survey showed.

Over the latest survey period, the average capacity utilization rate among the 90 independent EAF steel producers under Mysteel's regular tracking retreated by 1 percentage point from the previous week to 52.8%. Some mini-mills in Southwest China halted operations in the survey week to conduct regular maintenance, leading to an