US raw steel production down 1.2 percent week-on-week

Tuesday, 02 July 2019 00:46:08 (GMT+3)   |   San Diego

According to the American Iron and Steel Institute (AISI), in the week ending on June 29, 2019, domestic raw steel production was 1,851,000 net tons while the capability utilization rate was 79.5 percent. The first time below 80 percent since January. 

Production was 1,815,000 net tons in the week ending June 29, 2018, while the capability utilization was 77.4 percent. The current week production represents a 2.0 percent increase from the same period in the previous year but down 1.2 percent from the previous week ending June 22, 2019, when production was 1,873,000 net tons and the rate of capability utilization was 80.5 percent. Adjusted year-to-date production was 48,611,000 net tons, at a capability utilization rate of 81.2 percent. That is up 5.4 percent from the 46,103,000 net tons during the same period last year, when the capability utilization rate was 76.7 percent.

Production by district, North East 214,000 (12 percent); Great Lakes: 697,000 (38 percent); Midwest 201,000 (11 percent); Southern 672,000 (37 percent) and Western region 67,000 (4 percent) for a total of 1,851,000.

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