US raw steel production down 0.8 percent week on week

Tuesday, 18 June 2019 15:59:19 (GMT+3)   |   Istanbul

According to the American Iron and Steel Institute (AISI), in the week ending on June 15, 2019, US domestic raw steel production was 1,887,000 net tons while the capability utilization rate was 81.1 percent.

Production for the week ending June 15, 2019 is down 0.8 percent from the previous week ending June 8, 2019 when production was 1,875,000 net tons and the rate of capability utilization was 80.6 percent.

Production was 1,815,000 net tons in the week ending June 15, 2018 while the capability utilization then was 77.4 percent. The current week production represents a four percent increase from the same period in the previous year.

Adjusted year-to-date production through June 15, 2019 was 44,997,000 net tons, at a capability utilization rate of 81.5 percent. That is up 5.9 percent from the 42,472,000 net tons during the same period last year, when the capability utilization rate was 76.7 percent.

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