US raw steel production rises slightly week-on-week

Tuesday, 14 April 2015 01:21:08 (GMT+3)   |   San Diego
       

According to the American Iron and Steel Institute, in the week ending April 11, 2015, US domestic raw steel production was 1,621,000 net tons while the capability utilization rate was 68.6 percent. Production was 1,841,000 net tons in the week ending April 11, 2014 while the capability utilization then was 76.6 percent. The current week production represents a 12.0 percent decrease from the same period in the previous year. Production for the week ending April 11, 2015 is up 1.3 percent from the previous week ending April 4, 2015 when production was 1,600,000 net tons and the rate of capability utilization was 67.7 percent.

Adjusted year-to-date production through April 11, 2015 was 24,766,000 net tons, at a capability utilization rate of 72.6 percent. That is down 6.7 percent from the 26,542,000 net tons during the same period last year, when the capability utilization rate was 77.0 percent.


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