New EAF capacity to spoil 2018 steel market balance

Source: Mysteel Dec 26, 2017 10:41

China should stay alert on any electronic arc furnaces (EAF) capacity to be added in 2018 and beyond, as it will tilt the steel market balance as well as challenge the domestic steel scrap supply in the next few years, Shen Wenrong, president of Shagang Group warned at a recent interview with China Metallurgical News.

China should stay alert on any electronic arc furnaces (EAF) capacity to be added in 2018 and beyond, as it will tilt the steel market balance as well as challenge the domestic steel scrap supply in the next few years, Shen Wenrong, president of Shagang Group warned at a