US raw steel production rises past 76 percent capacity rate

Monday, 24 July 2017 00:52:15 (GMT+3)   |   San Diego

According to the American Iron and Steel Institute (AISI), in the week ending on July 22, 2017, US domestic raw steel production was 1,773,000 net tons while the capability utilization rate was 76.1 percent.

Production for the week ending July 22, 2017 is up 0.6 percent from the previous week ending July 15, 2017 when production was 1,763,000 net tons and the rate of capability utilization was 75.6 percent.

Production was 1,667,000 net tons in the week ending July 22, 2016 while the capability utilization then was 71.3 percent. The current week production represents a 6.4 percent increase from the same period in the previous year.

Adjusted year-to-date production through July 22, 2017 was 50,339,000 net tons, at a capability utilization rate of 74.5 percent. That is up 2.5 percent from the 49,126,000 net tons during the same period last year, when the capability utilization rate was 72.4 percent.


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