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US raw steel production inches 0.6% higher

Jun 25, 2013 | 11:00 AM |

Tags  steel production, weekly steel output, American Iron and Steel Institute

NEW YORK — U.S. raw steel output totaled an estimated 1,881,000 net tons last week, up 0.6 percent from 1,870,000 tons the previous week, as mills operated at an average capability utilization rate of 78.5 percent.

In the corresponding week last year, mills produced 1,862,000 tons at an average capability utilization rate of 74.8 percent, according to the American Iron and Steel Institute, Washington.

Mills have produced 46,010,000 tons so far this year at an average capability utilization rate of 76.8 percent, down 6.2 percent from the same period last year, when mills produced 49,040,000 tons at an average capability utilization rate of 78.8 percent.

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How will the US Treasury Department’s sanctions against UC Rusal affect the US downstream aluminium sector?

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