WEEKLY: Chinese EAF mills' production falls again

After the previous week's brief rebound, production among Chinese electric-arc-furnace (EAF) steelmakers dropped again as more mills stopped operations to start maintenance works, Mysteel's latest survey showed.

During July 24-30, the average capacity utilization rate among the 94 independent EAF steel producers under Mysteel's tracking slipped 2.3 percentage points on week to 55.4%, while their average operational rate also slid 2 percentage points from the previous week to 69.5%. In the latest survey period, some mini-mills in