Trade Resources Industry Views US Raw Steel Production Rose 0.3 Percent in The Week Ending January 19

US Raw Steel Production Rose 0.3 Percent in The Week Ending January 19

The American Iron and Steel Institute (AISI) reported Tuesday that US raw steel production rose 0.3 percent in the week ending January 19, following a 3.6 percent increase the previous week.

Total raw steel production in the United States amounted to 1,824,000 net tons (nt) last week, representing a 0.3 percent increase from the 1,819,000 nt produced in the previous week and a 4.9 percent drop from the 1,918,000 nt produced in the same week a year ago.

The capacity utilization rate of US raw steelmaking facilities was 76.1 percent in the week ending January 19, compared to 75.9 percent in the previous week and 77.6 percent in the same week last year.

Source: http://www.steelorbis.com/steel-news/latest-news/raw-steel-production-in-the-us-continues-to-rise-736720.htm
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Raw Steel Production in The Us Continues to Rise
Topics: Construction