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US raw steel production slides 1.5 percent

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



NEW YORK — U.S. raw steel output totaled an estimated 1,843,000 net tons last week, down 1.5 percent from 1,872,000 tons the previous week, as mills operated at an average capability utilization rate of 76.9 percent.

In the corresponding week last year, mills produced 1,751,000 tons at an average capability utilization rate of 70.4 percent, according to the American Iron and Steel Institute, Washington.

Mills have produced 68,424,000 tons so far this year at an average capability utilization rate of 77.2 percent, down 3.8 percent from the same period last year, when mills produced 71,142,000 tons at an average capability utilization rate of 77 percent.


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