WEEKLY: Output among China's EAF mills dips lower

After rising for six weeks straight, production among Chinese electric-arc-furnace (EAF) steelmakers retreated during the past week, with the output reduction being observed mainly in East China, Mysteel's latest survey showed.

During April 10-16, the average capacity utilization rate among the 94 independent EAF steel producers under Mysteel's tracking decreased 0.3 percentage point on week to 62.3%, though it still hovered around the highest level since January 2024. A few mini-mills in East China stopped production at the beginning of this