US raw steel production edges up 1.5 percent week-on-week

According to the American Iron and Steel Institute, in the week ending June 13, 2015, US domestic raw steel production was 1,747,000 net tons while the capability utilization rate was 73.9 percent. Production was 1,889,000 net tons in the week ending June 13, 2014 while the capability utilization then was 78.5 percent. The current week production represents a 7.5 percent decrease from the same period in the previous year. Production for the week ending June 13, 2015 is up 1.5 percent from the previous week ending June 6, 2015 when production was 1,722,000 net tons and the rate of capability utilization was 72.8 percent.

Adjusted year-to-date production through June 13, 2015 was 40,111,000 net tons, at a capability utilization rate of 72.4 percent. That is down 7.3 percent from the 43,283,000 net tons during the same period last year, when the capability utilization rate was 77.3 percent.

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