US steel capacity utilization down slightly

US raw steel production was 1,695,000 net tons in the week ended Oct. 14, 2023 while the capability utilization was 73.8%, according to the AISI. Production was up 3.1% from the same week in 2022 but was down 0.2% from the previous week in 2023. Adjusted year-to-date production through Oct.14, 2023 was 70,163,000 net tons at a capability utilization…


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