US raw steel production up 1.1 percent week-on-week

Monday, 06 May 2019 00:02:43 (GMT+3)   |   San Diego
       

According to the American Iron and Steel Institute (AISI), in the week ending on May 4, 2019, US domestic raw steel production was 1,915,000 net tons while the capability utilization rate was 82.3 percent.

Production for the week ending May 4, 2019 is up 1.1 percent from the previous week ending April 27, 2019 when production was 1,895,000 net tons and the rate of capability utilization was 81.4 percent.

Production was 1,796,000 net tons in the week ending May 4, 2018 while the capability utilization then was 77.6 percent. The current week production represents a 6.6 percent increase from the same period in the previous year.

Adjusted year-to-date production through May 4, 2019 was 33,698,000 net tons, at a capability utilization rate of 81.7 percent. That is up 6.6 percent from the 31,610,000 net tons during the same period last year, when the capability utilization rate was 76.4 percent.


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