WEEKLY: China's EAF mills' production retreats again

Steel production among China's electric-arc-furnace (EAF) steelmakers decreased during December 19-25 as more mini-mills halted operations to conduct maintenance, the results of Mysteel's survey showed.

During the latest survey period, the average capacity utilization rate among the 90 independent EAF steel producers under Mysteel's regular tracking fell by 1.1 percentage points on week to 53.2%, while their average operational rate dropped by 1.6 percentage points to 67.6%. Also, the ongoing shortage of steel scrap led