China's EAF producers still face high costs

China's electric-arc furnace (EAF) steelmakers are still grappling with high costs, as the surge in prices of graphite electrodes and the tightened supply of domestic steel scrap are keeping the overall costs of their raw materials at very high levels, according to a Beijing-based analyst on May 15.

China’s electric-arc furnace (EAF) steelmakers are still grappling with high costs, as the surge in prices of graphite electrodes and the tightened supply of domestic steel scrap are keeping the overall costs of their raw materials at very high levels, according to a Beijing-based analyst on May 15.“Supplies of