WEEKLY: China's EAF mill ops rate at 7-month high

Production among Chinese electric-arc-furnace (EAF) steelmakers rose for the sixth straight week during April 3-9, with more mills restarting operations after completing overhauls, according to the findings of Mysteel's latest survey.

During the latest survey period, the average capacity utilization rate among the 94 independent EAF steelmakers under Mysteel's tracking had increased by 1.4 percentage points on week to 62.6%, while their operational rate had climbed by 1.5 percentage points from the previous week to 74.5%, a seven-month high. A few