Trade Resources Economy AISI Reported That US Raw Steel Production Rose 1.3% in The Week Ending March 23

AISI Reported That US Raw Steel Production Rose 1.3% in The Week Ending March 23

The American Iron and Steel Institute (AISI) reported Monday that US raw steel production rose 1.3 percent in the week ending March 23, following a collective 4 percent drop in the previous two weeks.

Total raw steel production in the United States amounted to 1,809,000 net tons (nt) last week, representing a 1.3 percent increase from the 1,785,000 nt produced in the previous week and an 8.7 percent drop from the 1,982,000 nt produced during the same week a year ago.

The capacity utilization rate of US raw steelmaking facilities was 75.5 percent in the week ending March 23, compared to 74.5 percent in the previous week and 79.6 percent in the same week last year.

Source: http://www.steelorbis.com/steel-news/latest-news/us-weekly-raw-steel-production-rebounds-after-decline-748907.htm
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US Weekly Raw Steel Production Rebounds After Decline
Topics: Metallurgy