Trade Resources Industry Views US Domestic Raw Steel Production Down Slightly

US Domestic Raw Steel Production Down Slightly

According to the American Iron and Steel Institute, in the week ending September 13, 2014, US domestic raw steel production was 1,882,000 net tons while the capability utilization rate was 78.2 percent. Production was 1,875,000 net tons in the week ending September 13, 2013, while the capability utilization then was 78.3 percent. The current week production represents a 0.4 percent increase from the same period in the previous year. Production for the week ending September 13, 2014 is down 0.2 percent from the previous week ending September 6, 2014 when production was 1,885,000 net tons and the rate of capability utilization was 78.5 percent.

Adjusted year-to-date production through September 13, 2014 was 67,875,000 net tons, at a capability utilization rate of 77.2 percent. That is up 0.7 percent from the 67,425,000 net tons during the same period last year, when the capability utilization rate was 77.0 percent.

Source: http://www.steelorbis.com/steel-news/latest-news/us-raw-steel-production-dips-slightly-week_on_week-845940.htm
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US Raw Steel Production Dips Slightly Week-on-Week
Topics: Metallurgy