According to the American lron and Steel Institute(AISI), in the week ending on September 9,2023, US domestic raw steel production was 1,721,000 net tons while the capability utilization rate was 75.7 percent.
Germany-based machine engineering company Sennebogen has opened a new steel plant in Hungary, expanding its capacity for steel assemblies and welded constructions.
A comparison of shipments year-to-date in 2023 to the first seven months of 2022 shows the following changes: hot rolled sheet, up 4 percent, cold rolled sheet, down 1 percent and corrosion resistant sheet, down 2 percent.