US-Steel production takes a plunge-Down 7.2%-Sign that future factory production will decline
In the week ending March 2, 2013, domestic raw steel production was 1,857,000 net tons while the capability utilization rate was 77.5 percent. Production was 2,000,000 tons in the week ending March 2, 2012, while the capability utilization then was 80.4 percent. The current week production represents a 7.2 percent decrease from the same period in the previous year