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US raw steel production rebounds 2.3%

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



NEW YORK — U.S. raw steel output totaled an estimated 1,773,000 net tons last week, up 2.3 percent from 1,733,000 tons the previous week, as mills operated at an average capability utilization rate of 74 percent.

In the corresponding week last year, mills produced 1,785,000 tons at an average capability utilization rate of 71.7 percent, according to the American Iron and Steel Institute, Washington.

Mills have produced 95,858,000 tons so far this year at an average capability utilization rate of 76.9 percent, down 1.4 percent from 97,249,000 tons at an average capability utilization rate of 75.2 percent in the same period last year.


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