US raw steel production dips 0.8 percent week on week

Tuesday, 11 June 2019 17:23:44 (GMT+3)   |   Istanbul

According to the American Iron and Steel Institute (AISI), in the week ending on June 8, 2019, US domestic raw steel production was 1,875,000 net tons while the capability utilization rate was 80.6 percent.

Production for the week ending June 8, 2019 is down 0.8 percent from the previous week ending June 1, 2019 when production was 1,890,000 net tons and the rate of capability utilization was 81.2 percent.

Production was 1,815,000 net tons in the week ending June 8, 2018 while the capability utilization then was 77.4 percent. The current week production represents a 3.3 percent increase from the same period in the previous year.

Adjusted year-to-date production through June 8, 2019 was 43,110,000 net tons, at a capability utilization rate of 81.5 percent. That is up six percent from the 40,657,000 net tons during the same period last year, when the capability utilization rate was 76.7 percent.

Most Recent Related Articles

Local Chinese pig iron prices in China - week 4

Samancor Chrome plans to retrench staff amid tough business conditions

Ex-CIS billet prices under pressure from weak demand, negative sentiment in scrap

Short sea scrap price down sharply in fresh deals to Turkey