Trade Resources Industry Views US Raw Steel Production Rose 1 Percent in The Week Ending May 4

US Raw Steel Production Rose 1 Percent in The Week Ending May 4

The American Iron and Steel Institute (AISI) reported Monday that US raw steel production rose 1 percent in the week ending May 4, following a 0.4 percent increase in the previous week.

Total raw steel production in the United States was 1,884,000 net tons (nt) last week, representing a 1 percent increase from the 1,866,000 nt produced in the previous week and a 5.2 percent drop from the 1,988,000 nt produced during the same week a year ago.

The capacity utilization rate of US raw steelmaking facilities was 78.6 percent in the week ending May 4, compared to 77.9 percent in the previous week and 79.9 percent in the same week last year.

Source: http://www.steelorbis.com/steel-news/latest-news/us-raw-steel-production-rises-another-1-percent-756836.htm
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US Raw Steel Production Rises Another 1 Percent
Topics: Metallurgy