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According to the American Iron and Steel Institute, the US steel industry produced 1.69 million short tons at a capability utilisation rate of 76.9% in the week ended 17 September. The figures represent a 1.7% decrease from the week ended 10 September, Kallanish learns from the weekly report produced by AISI. In the same week a year ago, production equalled 1.83m st, and capacity utilisation was 83.3% - a drop of 7.6%. The South produced 727,000 st. The Grea…
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