Trade Resources Industry Views US Raw Steel Production Fell 0.7 Percent in The Week Ending December 29

US Raw Steel Production Fell 0.7 Percent in The Week Ending December 29

The American Iron and Steel Institute (AISI) reported Wednesday that US raw steel production fell 0.7 percent in the week ending December 29, reversing a 0.7 percent increase the previous week.

Total raw steel production in the United States amounted to 1,827,000 net tons (nt) last week, representing a 0.7 percent drop from the 1,840,000 nt produced in the previous week and a 1.9 percent drop from the 1,863,000 nt produced in the same week a year ago.

The capacity utilization rate of US raw steelmaking facilities was 73.9 percent in the week ending December 29, compared to 74.5 percent in the previous week and 75.2 percent in the same week last year.

Source: http://www.steelorbis.com/steel-news/latest-news/us-weekly-raw-steel-production-drops-07-percent-732994.htm
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US Weekly Raw Steel Production Drops 0.7 Percent
Topics: Metallurgy