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American steel production plunged by 34.5% in June, remains fifth worldwide

NWITimes - As a result of the global coronavirus pandemic and subsequent stay-at-home orders around the country and world, steel production in the United States plummeted 34.5% year-over-year to 4.7 million tons in June, according to the World Steel Association.

The Brussels, Belgium-based trade association reported that steel production fell 7% year-over-year globally to 148.3 million tons in June. In the first six months of the year, steel output worldwide has fallen 6% to 873.1 million tons.

Steel production in North America fell 17.6% to 50.2 million tons during the first half of the year.

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