U.S. Steel Capacity Utilization:
U.S. Steel Capacity Utilization:
The total tonnage for the week ending September 27th was 1,770 million net tons, at a capacity utilization rate of 78.1%. The year-to-date tonnage output is 67,216 million net tons, at an average capacity utilization rate of 76.7%. In 2024, the same output total was 67,112 million net tons, at an average capacity utilization of 77.5%.
Figure 1:
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 January 2023 since the end of 2022.
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