Trade Resources Industry Views US Current Week Domestic Raw Steel Production up 0.9%

US Current Week Domestic Raw Steel Production up 0.9%

According to the American Iron and Steel Institute, in the week ending September 20, 2014, US domestic raw steel production was 1,891,000 net tons while the capability utilization rate was 78.6 percent. Production was 1,875,000 net tons in the week ending September 20, 2013, while the capability utilization then was 78.3 percent. The current week production represents a 0.9 percent increase from the same period in the previous year. Production for the week ending September 20, 2014 is up 0.5 percent from the previous week ending September 13, 2014 when production was 1,882,000 net tons and the rate of capability utilization was 78.2 percent.

Adjusted year-to-date production through September 20, 2014 was 69,766,000 net tons, at a capability utilization rate of 77.3 percent. That is up 0.7 percent from the 69,299,000 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-up-minimally-from-previous-week-846974.htm
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US Raw Steel Production up Minimally From Previous Week
Topics: Metallurgy