US raw steel production increased last week (ended December 17) with output increasing 0.8 percent from the previous week. In the week ending December 10, US raw steel production had dropped 0.8 percent compared to the previous week.
Total raw steel production in the United States last week amounted to 1,697,000 nt. This figure represents a 0.8 percent increase from the 1,683,000 nt produced in the prior week, and is up 12.8 percent from the 1,479,000 nt produced in the same week of last year.
The capacity utilization rate of US raw steelmaking facilities was 70.2 percent in the week ending December 17, compared to 69.6 percent in the prior week and 62 percent in the same week last year.