My Steel

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  ABSTRACT China's daily crude steel output resumed declining again during December 21-31 after the rise in mid-December, with the tonnage down 35,400 tonnes/day or 1.3% from the prior ten days to average 2.71 million t/d, according to Mysteel's survey among 247 blast-furnace (BF) and 85 electric-arc-furnace (EAF) steel mills nationwide.   The retreat occurred mainly because some steel producers, EAF mills in particular, conducted maintenance on their steelmaking facilities at the end of year, or slowed their production pace given the weakening demand from steel users, Mysteel Global learned.   For example, the capacity utilization rate among the 247 BF steel mills Source URL: https://www.mysteel.net/news/all/5035000-mysteel-china-late-dec-daily-steel-output-down-13