INFOGRAPH: China's EAF capacity use retreats to 3-w low

After five weeks of consistent inclines, the steelmaking capacity utilization rate among 85 Chinese independent electric-arc-furnace (EAF) mills under Mysteel's survey started to head south again, as some EAF makers had reined in output due to local power shortage and their increasing production costs, Mysteel Global noted.

Source: Mysteel As such, the capacity use among these surveyed EAF mills reversed down by 4.73 percentage points on week to hit a three-week low of 40.08% as of August 18. Due to the country's large-scale power supply shortage, EAF mills in Southwest and East China among power-intensive enterprises have been