US raw steel production up 6.2 percent for full-year 2018

Wednesday, 02 January 2019 01:26:26 (GMT+3)   |   San Diego
       

According to the American Iron and Steel Institute (AISI), in the week ending on December 29, 2018, US domestic raw steel production was 1,899,000 net tons while the capability utilization rate was 81.0 percent.

Production for the week ending December 29, 2018 is up 1.6 percent from the previous week ending December 22, 2018 when production was 1,870,000 net tons and the rate of capability utilization was 79.8 percent.

Production was 1,676,000 net tons in the week ending December 29, 2017 while the capability utilization then was 71.9 percent. The current week production represents a 13.3 percent increase from the same period in the previous year.

Adjusted year-to-date production through December 29, 2018 was 95,063,000 net tons, at a capability utilization rate of 78.3 percent. That is up 6.2 percent from the 89,483,000 net tons during the same period last year, when the capability utilization rate was 74.0 percent.


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