US raw steel production edges up 0.4 percent week-on-week

Tuesday, 05 September 2017 23:42:35 (GMT+3)   |   San Diego
       

According to the American Iron and Steel Institute (AISI), in the week ending on September 2, 2017, US domestic raw steel production was 1,747,000 net tons while the capability utilization rate was 74.9 percent.

Production for the week ending September 2, 2017 is up 0.4 percent from the previous week ending August 26, 2017 when production was 1,740,000 net tons and the rate of capability utilization was 74.6 percent.

Production was 1,609,000 net tons in the week ending September 2, 2016 while the capability utilization then was 68.8 percent. The current week production represents an 8.6 percent increase from the same period in the previous year.

Adjusted year-to-date production through September 2, 2017 was 60,900,000 net tons, at a capability utilization rate of 74.6 percent. That is up 3.2 percent from the 59,025,000 net tons during the same period last year, when the capability utilization rate was 72.1 percent.


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