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US raw steel production slips 1.6%

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


NEW YORK — U.S. raw steel output totaled 1,764,000 net tons last week, down 1.6 percent from 1,792,000 tons the previous week, as mills operated at an average capability utilization rate of 71.4 percent.

In the corresponding week last year, mills produced 1,809,000 tons at an average capability utilization rate of 73 percent, according to the American Iron and Steel Institute, Washington.

Mills have produced 88,113,000 tons so far this year at an average capability utilization rate of 75.9 percent, up 3.1 percent from the same period last year, when mills produced 85,437,000 tons at an average capability utilization rate of 74.4 percent.





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