Capacity Utilization Rate of Reinforcing Bar Mills Expected to Reach 90 percent in October

摘要

The capacity utilization rate of local steelworks' reinforcing bar mills, which dropped to the lowest-ever level this year in September, is making a recovery this month to a new record high, helped by smooth monthly production. Affected by a decrease in the number of the monthly working days in September caused by each maker's temporary suspension of the production lines for 4-5 days during Chuseok holiday period, the average capacity utilization rate of their steel mills dropped to 75.3 percent in September, marking lowest-ever level this year.