US raw steel production dips 0.2 percent during holiday week

Monday, 08 July 2019 00:01:10 (GMT+3)   |   San Diego

According to the American Iron and Steel Institute (AISI), in the week ending on July 6, 2019, US domestic raw steel production was 1,847,000 net tons while the capability utilization rate was 79.4 percent.

Production for the week ending July 6, 2019 is down 0.2 percent from the previous week ending June 29, 2019 when production was 1,851,000 net tons and the rate of capability utilization was 79.5 percent.

Production was 1,815,000 net tons in the week ending July 6, 2018 while the capability utilization then was 77.4 percent. The current week production represents a 1.8 percent increase from the same period in the previous year.

Adjusted year-to-date production through July 6, 2019 was 50,458,000 net tons, at a capability utilization rate of 81.2 percent. That is up 5.3 percent from the 47,918,000 net tons during the same period last year, when the capability utilization rate was 76.7 percent.

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