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US crude steel production declines on a weekly basis

According to data from the US Iron and Steel Institute (AISI), US crude steel production fell on a weekly basis in the week ending September 30.

US crude steel production declines on a weekly basis

US crude steel production fell slightly by 0.7% on a weekly basis and increased by 2.3% yoy to 1 million 722 thousand tons. Capacity utilization rate was realized as 75.7% in this period.

Year-to-date production decreased by 1.3% yoy to 66 million 770 thousand tons, while capacity utilization rate stood at 76%.

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