The American Iron and Steel Institute (AISI) reported Monday that US raw steelmaking production rose last week (ended September 10), with output increasing 0.8 percent from the previous week. In the prior week (ended September 3), US raw steel production had fallen 0.3 percent compared to the week before.
Total raw steel production in the United States amounted to 1,869,000 net tons (nt) last week, representing a 0.8 percent increase from 1,855,000 nt produced in the previous week, and a 10 percent increase from the 1,699,000 nt produced in the same week of last year.
The capacity utilization rate of US raw steelmaking facilities was 76.4 percent in the week ending September 10, compared to 75.9 percent in the previous week and 70.2 percent in the same week of last year.