20
Nov
03:58
Sichuan faces EAF steelmaking cost dilemma
EAF steelmakers in Sichuan province are facing an operational dilemma with many either limiting production or even declaring bankruptcy caused by higher costs. Although EAF steelmaking is more efficient and environmentally-friendly than blast furnace-converter steelmaking, a tight scrap market has left EAFs struggling to break even, Kallanish notes.
Sichuan has been particularly hard hit because of the larger proportion of EAF capacity relative to…
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Anonymous
Very good overview of the weekly steel market.
Anonymous