Capacity creep definition

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Capacity creep

Capacity creep logo #23887Trend for slow increase in capacity over a period of years, arising because of learning, incremental investment, modernisation of maintenance practices etc. In the steel sector, capacity creep results in steel plant capacity increasing on average by perhaps 0.5% to 1% per annum
Found on https://www.steelonthenet.com/files/glossary-5.html
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