U.S. crude steel production rises weekly, falls annually in early November

This marks a 1.2% increase from the previous week but a 2.3% decrease compared to the same period last year. The capacity utilization rate stood at 74.2%, showing a week-on-week rise of 0.9% and a year-on-year increase of 0.8%.

Year-to-date figures reveal that U.S. crude steel production has totaled 75.76 million tons, reflecting a 2.1% decline from the previous year. The capacity utilization rate for this period was 76.0%, slightly down by 0.1% year-on-year.