US raw steel production up 0.7 percent week-on-week

Monday, 05 August 2019 01:02:26 (GMT+3)   |   San Diego

According to the American Iron and Steel Institute (AISI), in the week ending on August 3, 2019, US domestic raw steel production was 1,897,000 net tons while the capability utilization rate was 81.5 percent.

Production for the week ending August 3, 2019 is up 0.7 percent from the previous week ending July 27, 2019 when production was 1,884,000 net tons and the rate of capability utilization was 80.9 percent.

Production was 1,848,000 net tons in the week ending August 3, 2018 while the capability utilization then was 78.8 percent. The current week production represents a 2.7 percent increase from the same period in the previous year.

Adjusted year-to-date production through August 3, 2019 was 57,945,000 net tons, at a capability utilization rate of 81.1 percent. That is up 4.8 percent from the 55,279,000 net tons during the same period last year, when the capability utilization rate was 77.0 percent.

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