US raw steel production rose last week (ended January 22) with output increasing 1.7 percent from the previous week. In the week ending January 15, US raw steel production had increased 0.8 percent compared to the previous week.
Total raw steel production in the United States last week amounted to 1,766,000 nt. This figure represents a 1.7 percent increase from the 1,736,000 nt produced in the prior week, and is up 10.1 percent from the 1,587,000 nt produced in the same week of last year.
The capacity utilization rate of the US raw steelmaking facilities was 73 percent in the week ending January 22, compared to 71.8 in the prior week and 65.6 percent in the same week of last year.