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US raw steel production rebounds 1.3%

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


NEW YORK — U.S. raw steel output totaled an estimated 1,809,000 net tons last week, rebounding 1.3 percent after falling 2.4 percent to 1,785,000 tons the previous week, as mills operated at an average capability utilization rate of 75.5 percent.

In the corresponding week last year, mills produced 1,982,000 tons at an average capability utilization rate of 79.6 percent, according to the American Iron and Steel Institute, Washington.

Mills have produced 21,764,000 tons so far this year at an average capability utilization rate of 75.6 percent, down 7.7 percent from the same period last year, when mills produced 23,567,000 tons at an average capability utilization rate of 79.3 percent.


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