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EAF operating rates to halt rally in May as rising steel scrap prices lift costs
May 9,2020 13:29CST
data analysis
Source:SMM
Chinese electric arc furnace (EAF) steelmakers operating rates continued to edge higher as of early May, driven by the resumption of producers in central China as the spread of the coronavirus has stalled. However, the rally in operations will be constrained due to a surge in feedstock steel scrap prices. 
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