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FOCUS: China power shortages to slash demand for …
Draconian restrictions on power supplies in China have led to a raft of electric arc furnace (EAF) steelmakers and re-rollers in key provinces such as Jiangsu, Yunnan and Zhejiang to either scale back operations, or to close altogether earlier this month. But worsening power outages across the country this week have led to fears of further mill shutdowns, sources told Fastmarkets.