US raw steel production down 1.2 percent week on week

Tuesday, 08 October 2019 13:37:42 (GMT+3)   |   Istanbul

According to the American Iron and Steel Institute (AISI), in the week ending on October 5, 2019, US domestic raw steel production was 1,804,000 net tons while the capability utilization rate was 78.0 percent.

Production for the week ending October 5, 2019 is down 1.2 percent from the previous week ending September 28, 2019 when production was 1,825,000 net tons and the rate of capability utilization was 78.4 percent.

Production was 1,877,000 net tons in the week ending October 5, 2018 while the capability utilization then was 80.1 percent. The current week production represents a 3.9 percent decrease from the same period in the previous year.

Adjusted year-to-date production through October 5, 2019 was 74,257,000 net tons, at a capability utilization rate of 80.4 percent. That is up three percent from the 72,063,000 net tons during the same period last year, when the capability utilization rate was 77.5 percent.

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