Most Steel Firms Hope to Do Better in 61
AP report notes the weekly steel output near 50 percent of capacity, about 1.4 million tons versus 2.8 million capacity. The industry seeks fewer public conclusions drawn from rate, focusing on volume and capacity buildup amid uncertain times.
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Steel Institute debates index drop amid 1960 capacity debate
Analysts weigh whether the 1960 capacity figure remains stable as the Institute debates dropping its annual capacity index. Supporters argue capacity growth makes 50 percent output equivalent to wartime levels, while critics say past year distortions from 1958 recession and 1959 strike skew the base.
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Steel Institute
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