US weekly raw steel production increases 0.5 percent

Tuesday, 07 February 2012 01:30:02 (GMT+2)

The American Iron and Steel Institute (AISI) reported Monday that US raw steel production increased 0.5 percent last week (ended February 4) compared to the previous week.

Total raw steel production in the United States amounted to 1,907,000 net tons (nt) last week, representing a 0.5 percent increase from the 1,897,000 nt produced in the previous week, and a 6.9 percent increase from the 1,784,000 nt produced in the same week of last year.

The capacity utilization rate of US raw steelmaking facilities was 77.2 percent in the week ending February 4, compared to 76.8 percent in the previous week and 74.5 percent in the same week of last year.

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