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US raw steel output tumbles 3.1 percent

Jul 02, 2013 | 12:17 PM |

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


NEW YORK — U.S. raw steel output totaled an estimated 1,822,000 net tons last week, down 3.1 percent from 1,881,000 tons the previous week, as mills operated at an average capability utilization rate of 76.1 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 47,832,000 tons so far this year at an average capability utilization rate of 76.8 percent, down 6 percent from the same period last year, when mills produced 50,902,000 tons at an average capability utilization rate of 78.8 percent.



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