This equates to 2 million mt of capacity for each furnace
Stocks decreased by 35,000 mt from a week ago to 799,000 mt as of Nov 21
Operating rates at Chinese EAF steel mills averaged 65% as of Nov 20, up 10 percentage points from the start of the month
The move comes in response to domestic efforts to promote new energy vehicles and curb air pollution
The deficit came in at 102,900 mt for the whole of 2018
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