US raw steel production down 13.7 percent year-on-year

Tuesday, 07 April 2015 11:46:51 (GMT+3)   |   Istanbul
       

According to the American Iron and Steel Institute, in the week ending April 4, 2015, US domestic raw steel production was 1,600,000 net tons while the capability utilization rate was 67.7 percent. Production was 1,853,000 net tons in the week ending April 4, 2014 while the capability utilization then was 77.1 percent. The current week production represents a 13.7 percent decrease from the same period in the previous year. Production for the week ending April 4, 2015 is down 1.7 percent from the previous week ending March 28, 2015 when production was 1,628,000 net tons and the rate of capability utilization was 68.9 percent.

Adjusted year-to-date production through April 4, 2015 was 23,145,000 net tons, at a capability utilization rate of 72.9 percent. That is down 6.3 percent from the 24,701,000 net tons during the same period last year, when the capability utilization rate was 77 percent.


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