[POSCO: Domestic stainless steel production increased by nearly 10.6% year-on-year in 2023, capacity utilization rate in the first quarter of 2024 rose year-on-year] According to a report released by POSCO, South Korea, on January 31st, the capacity utilization rate of its domestic steel business (POSCO, South Korea) rose from 84.1% in the previous year to 87.7% in 2023, and the crude steel production (including carbon steel and stainless steel) increased by nearly 4.3% to 35.685 million tons. (China Iron and Steel Association Stainless Steel Branch)
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