Trade Resources Industry Views US Raw Steel Production in 2013 Is up 2.3 Percent From The Previous Week Ending December

US Raw Steel Production in 2013 Is up 2.3 Percent From The Previous Week Ending December

According to the American Iron and Steel Institute, in the week ending December 28, 2013, US domestic raw steel production was 1,773,000 net tons while the capability utilization rate was 74.0 percent. Production was 1,785,000 net tons in the week ending December 28, 2012, while the capability utilization then was 71.7 percent. The current week production represents a 0.7 percent decrease from the same period in the previous year. Production for the week ending December 28, 2013 is up 2.3 percent from the previous week ending December 21, 2013 when production was 1,733,000 net tons and the rate of capability utilization was 72.3 percent.

Adjusted year-to-date production through December 28, 2013 was 95,858,000 net tons, at a capability utilization rate of 76.9 percent. That is a 1.4 percent decrease from the 97,249,000 net tons during the same period last year, when the capability utilization rate was 75.2 percent.

Source: http://www.steelorbis.com/steel-news/latest-news/us-raw-steel-production-up-23-percent-from-previous-week-803957.htm
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US Raw Steel Production up 2.3 Percent From Previous Week
Topics: Metallurgy