According to statistics from the American Iron and Steel Institute (AISI), in the week ended October 17, the production of US’ crude steel totaled around 1.54 million net tons, hiking by 2.2% from the same period a week ago while dropping by 15% compared to the same period a year earlier. The capacity utilization rate was 69.4%, rising by 1.5% week on week while going down by 8.6% year on year.
As of the week ended October 17, the production of US’ crude steel amounted to around 62.5 million net tons this year, a year-on-year decrease of 19.4%. The capacity utilization rate was 66.3%, a year-on-year reduction of 13.8%.
Source: AISI
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