U.S. Steel Capacity Utilization
U.S. Steel Capacity Utilization: The total tonnage for the week ending May 27th was 1.737 million net tons, at a capacity utilization rate of 77.2%. The year-to-date tonnage output is 35.144 million net tons, at an average capacity utilization rate of 74.7%. In 2022, the same output total was 38.996 million net tons, at an average capacity utilization of 80.9%.
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.
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