China’s crude steel capacity reached 1.21 billion mt/year in 2019, of which around 155 million mt/year was electric arc furnace or EAF steelmaking capacity.
Net crude steel capacity expansion reached 42 million mt/year in the year, but is set to slow to 14 million mt/year in 2020. From 2023, China’s crude steel capacity will gradually stabilize.
However, some market sources suggest…
View entirety: S&P Global Platts