U.S. Steel Capacity Utilization
U.S. Steel Capacity Utilization: The total tonnage for the week ending May 29th was 1,836 million net tons, at a capacity utilization rate of 81.5%. The year-to-date tonnage output is 38,578 million net tons, at an average capacity utilization rate of 77.4%. In 2020, the same output total was 35,758 million net tons, at an average capacity utilization of 70.6%.
Figure 1 shows production on the left-hand scale and capacity utilization as a percentage on the right-hand scale. Capacity utilization and production picked up at the beginning of June 2020 since the Covid-19 outbreak.
a