NEW YORK U.S. raw steel
output totaled 1,756,000 net tons last week, down 3.9 percent
from 1,827,000 tons the previous week, as mills operated at an
average capability utilization rate of 72.6 percent.
In the corresponding week a year
earlier, mills produced 1,902,000 tons at an average
utilization rate of 76.9 percent, according to the American
Iron and Steel Institute, Washington.
The capability utilization figures for 2013 reflect a change
in the overall capacity of the market due to "the closure of
several steelmaking facilities in 2012, new facilities coming
online and improvements made to existing facilities to increase
their capability," the AISI said.