WEEKLY: Chinese EAF mills' production rises again

After the previous four-week drop, production among Chinese electric-arc-furnace (EAF) steelmakers increased again, with the growth being observed mainly in East and South China, Mysteel's latest survey showed.

During July 17-23, the average capacity utilization rate among the 94 independent EAF steel producers under Mysteel's tracking rose by 2.5 percentage points on week to 58.2%, while their average operational rate also went up 2.3 percentage points from the previous week to 71.4%. In the latest survey period, some