US raw steel production down 8.1 percent week-on-week

Monday, 06 April 2020 00:28:54 (GMT+3)   |   San Diego
       

According to the American Iron and Steel Institute (AISI), in the week ending on April 4, 2020, US domestic raw steel production was 1,534,000 net tons while the capability utilization rate was 68.5 percent.

Production for the week ending April 4, 2020 is down 8.1 percent from the previous week ending March 28, 2020 when production was 1,670,000 net tons and the rate of capability utilization was 71.6 percent.

Production was 1,892,000 net tons in the week ending April 4, 2019 while the capability utilization then was 81.3 percent. The current week production represents a 18.9 percent decrease from the same period in the previous year.

Adjusted year-to-date production through April 4, 2020 was 25,067,000 net tons, at a capability utilization rate of 79.4 percent. That is down 2.7 percent from the 25,773,000 net tons during the same period last year, when the capability utilization rate was 81.5 percent.


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