Tag Archives: carbon steel

China encouraging electric arc furnace capacity expansion?

Monday’s release by China’s Ministry of Industry and Information Technology of revised steel capacity replacement measures has sparked market debate about MIIT’s real intentions regarding electric arc furnaces.

Some pundits Tuesday were adamant the new rules encourage the replacement of converters with EAFs and would result in net EAF steel capacity expanding.

MIIT’s revised measures, published on Monday, were based ...

Source: Platts - The Barrel Blog News Feed