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Steel production now down 11% this year as Great Lakes output plunges again

Nwitimes - Steel production is now down 11% for the year, while steel capacity utilization is down more than 30 percentage points as compared to the same time last year, with auto plants shut down and consumer spending slowing down to a near-standstill during the coronavirus pandemic.

Great Lakes steel production fell by 36,000 tons last week, a decrease of 8.23%, according to the American Iron and Steel Institute.

Steel mills in the Great Lakes region, clustered mainly in Northwest Indiana, made 401,000 tons of metal, down from 437,000 tons the previous week and down from 608,000 tons just five weeks ago, the American Iron and Steel Institute reported.

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