US raw steel production dips 0.6 percent week-on-week

Monday, 18 March 2019 00:23:49 (GMT+3)   |   San Diego

According to the American Iron and Steel Institute (AISI), in the week ending on March 16, 2019, US domestic raw steel production was 1,930,000 net tons while the capability utilization rate was 82.9 percent.

Production for the week ending March 16, 2019 is down 0.6 percent from the previous week ending March 9, 2019 when production was 1,941,000 net tons and the rate of capability utilization was 83.4 percent.

Production was 1,826,000 net tons in the week ending March 16, 2018 while the capability utilization then was 78.3 percent. The current week production represents a 5.7 percent increase from the same period in the previous year.

Adjusted year-to-date production through March 16, 2019 was 20,310,000 net tons, at a capability utilization rate of 81.4 percent. That is up 6.7 percent from the 19,035,000 net tons during the same period last year, when the capability utilization rate was 76.6 percent.

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