The American Iron and Steel Institute (AISI) reported Monday that US raw steel production fell 0.3 percent in the week ending February 2, following a 1 percent drop the previous week.
Total raw steel production in the United States amounted to 1,801,000 net tons (nt) last week, representing a 0.3 percent decrease from the 1,806,000 nt produced in the previous week and a 7.4 percent drop from the 1,944,000 nt produced in the same week a year ago.
The capacity utilization rate of US raw steelmaking facilities was 75.2 percent in the week ending February 2, compared to 75.4 percent in the previous week and 78.5 percent in the same week last year.