US raw steel production up 1.3 percent week on week

Tuesday, 30 June 2020 10:19:05 (GMT+3)   |   Istanbul
       

According to the American Iron and Steel Institute (AISI), in the week ending on June 27, 2020, domestic raw steel production was 1,240,000 net tons while the capability utilization rate was 55.4 percent.

Production for the week ending June 27, 2020 is up 1.3 percent from the previous week ending June 20, 2020 when production was 1,224,000 net tons and the rate of capability utilization was 54.6 percent.

Production was 1,863,000 net tons in the week ending June 27, 2019 while the capability utilization then was 80.1 percent. The current week production represents a 33.4 percent decrease from the same period in the previous year.

Adjusted year-to-date production through June 27, 2020 was 39,165,000 net tons, at a capability utilization rate of 67 percent. That is down 18.9 percent from the 48,313,000 net tons during the same period last year, when the capability utilization rate was 81.2 percent.


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