US raw steel production declines 1.4 percent week-on-week

Thursday, 14 October 2010 01:37:02 (GMT+3)   |  
       

US raw steel production declined last week (ended October 8), with output decreasing by 1.4 percent from the previous week. In the week ending October 1, US raw steel production had dropped 0.2 percent compared to the previous week.

Total raw steel production in the United States last week amounted to 1,651,000 nt. This figure represents a decrease of 1.4 percent from the 1,675,000 nt produced in the prior week, but is up 14.2 percent from the 1,446,000 nt produced in the same week of last year.

The capability utilization rate of US raw steelmaking facilities was 68.3 percent in the week ending October 8, compared to 69.3 percent in the prior week and 60.6 percent in the same week last year.


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