China’s electric-arc furnace steelmakers boosted weekly capacity utilization to the highest in more than two years, as the greener production method becomes more competitive.
China’s electric-arc furnace steelmakers boosted weekly capacity utilization to the highest in more than two years, as the greener production method becomes more competitive.
Bundles of steel tubes at a trading market in the outskirts of Shanghai, China, on Monday, Aug. 19, 2024. President Xi Jinping's push to end reliance on property-led growth has profound implications for the steel industry. Photographer: Qilai Shen/Bloomberg
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