US raw steel production drops slightly

Wednesday, 02 May 2012 00:42:50 (GMT+3)   -  
SteelOrbis News

The American Iron and Steel Institute (AISI) reported Monday that US raw steel production fell 0.3 percent last week (ended April 28) compared to a 1.4 percent increase in the previous week.

Total raw steel production in the United States amounted to 1,997,000 net tons (nt) last week, representing a 0.3 percent decrease from the 2,003,000 nt produced in the previous week, and a 10.1 percent increase from the 1,814,000 nt produced in the same week of last year.

The capacity utilization rate of US raw steelmaking facilities was 80.8 percent in the week ending April 29, compared to 81.1 percent in the previous week and 74.2 percent in the same week of last year.

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