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29 Nov
21:21

US mill output declines during holiday week

Raw steel production from US mills fell last week during the Thanksgiving holiday, according to the latest American Iron and Steel Institute report. US mills produced 1.837 million short tons of steel during the week ended 27 November - a 1.3% decline from the previous week. Mills operated at 83.2% of capability utilisation compared to 84.3% the week before. Last week’s output is a significant rise from the 1.621m st produced during the same week last year …
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