US raw steel production up slightly from previous week

Tuesday, 04 August 2015 01:12:38 (GMT+3)   |   San Diego
       

According to a report from the American Iron and Steel Institute, in the week ending August 1, 2015, US domestic raw steel production was 1,760,000 net tons while the capability utilization rate was 73.6 percent. Production was 1,914,000 net tons in the week ending August 1, 2014 while the capability utilization then was 79.6 percent. The current week production represents an 8.0 percent decrease from the same period in the previous year. Production for the week ending August 1, 2015 is up 1.1 percent from the previous week ending July 25, 2015 when production was 1,740,000 net tons and the rate of capability utilization was 72.8 percent.

Adjusted year-to-date production through August 1, 2015 was 52,247,000 net tons, at a capability utilization rate of 72.5 percent. That is down 7.7 percent from the 56,619,000 net tons during the same period last year, when the capability utilization rate was 77.6 percent.


Tags: US North America 

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