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05 Apr
16:42

US steel sector recovers, capacity utilisation remains low

The US steel market is in the midst of an upward swing, but significant capacity challenges remain, Kallanish learns from a report presented at the OECD’s steel committee meeting on 25-26 March in Paris. The report, presented by a group of US trade associations led by the American Iron and Steel Institute, says apparent steel demand hit 101.8 million tonnes in 2018. This is its highest level since 2004, but still shy of the market peak of 110.6mt in 2…
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