US weekly raw steel dips slightly week-over-week, jumps year-over-year

Monday, 15 April 2019 00:13:36 (GMT+3)   |   San Diego
       

Data from the American Iron and Steel Institute shows that for the week ending on April 13, 2019, domestic raw steel production was 1,915,000 net tons while the capability utilization rate was 82.3 percent.

Production was 1,780,000 net tons in the week ending April 13, 2018 while the capability utilization then was 76.0 percent. The current week production represents a 7.6 percent increase from the same period in the previous year. Production for the week ending April 13, 2019 is down 0.7 percent from the previous week ending April 6, 2019 when production was 1,928,000 net tons and the rate of capability utilization was 82.8 percent.

Adjusted year-to-date production through April 13, 2019 was 28,051,000 net tons, at a capability utilization rate of 81.9 percent. That is up 6.8 percent from the 26,253,000 net tons during the same period last year, when the capability utilization rate was 76.4 percent.

Broken down by districts, production for the week ending April 13, 2019 in thousands of net tons is as follows: North East: 184; Great Lakes: 725; Midwest: 183; Southern: 748 and Western: 75 for a total of 1915.

 


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