US raw steel production down 1.7 percent week on week

Tuesday, 05 February 2019 15:08:45 (GMT+3)   |   Istanbul

According to the American Iron and Steel Institute (AISI), in the week ending on February 2, 2019, US domestic raw steel production was 1,899,000 net tons while the capability utilization rate was 81.2 percent.

Production for the week ending February 2, 2019 is down 1.7 percent from the previous week ending January 26, 2019 when production was 1,922,000 net tons and the rate of capability utilization was 81.1 percent.

Production was 1,744,000 net tons in the week ending February 2, 2018 while the capability utilization then was 74.8 percent. Pproduction in the week ending February 2, 2019 represents an 8.3 percent increase from the same period in the previous year.

Adjusted year-to-date production through February 2, 2019 was 8,954,000 net tons, at a capability utilization rate of 80.5 percent. This volume is up 10.3 percent from the 8,115,000 net tons produced during the same period last year, when the capability utilization rate was 73.8 percent.

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