USA Steel production down 43.8% from same week [View All]

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last year. the week of December 6, 2008 steel production was 1,182,000 tons the same week last year 2,102,000 tons down about 1,000,000 tons per week. This is just one industry that is seeing the affect of poor auto sales. The steel industry is losing millions of dollars a week working at those levels of production. To put this in perspective my plant produced around 2,300,000 tons the entire year of 2007 we employ around 3000. So losing 1,000,000 tons per week that adds up to 52,000,000 tons a year and maybe 60,000 jobs.
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