US raw steel production down 0.6 percent week on week

Tuesday, 19 February 2019 11:09:04 (GMT+3)   |   Istanbul

According to the American Iron and Steel Institute (AISI), in the week ending on February 16, 2019, US domestic raw steel production was 1,886,000 net tons, while the capability utilization rate was 81 percent.

Production for the week ending February 16, 2019 is down 0.6 percent from the previous week ending February 9, 2019 when production was 1,897,000 net tons and the rate of capability utilization was 81.5 percent.

Production was 1,817,000 net tons in the week ending February 16, 2018, while the capability utilization then was 77.9 percent. The current week production represents a 3.8 percent increase from the same period in the previous year.

Adjusted year-to-date production through February 16, 2019 was 12,737,000 net tons, at a capability utilization rate of 80.7 percent. That is up 8.4 percent from the 11,748,000 net tons during the same period last year, when the capability utilization rate was 75.7 percent.

Most Recent Related Articles

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

India’s ArcelorMittal Nippon Steel bids to secure iron ore mines in Odisha

China’s HRC output up 10% in 2019, CRC output rises by 3.5 percent

Short sea scrap price down sharply in fresh deals to Turkey

US import HDG still holding steady