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US steel starts year with 2.8% jump in output

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

NEW YORK — U.S. raw steel output totaled an estimated 1,822,000 net tons last week, up 2.8 percent from 1,773,000 tons the previous week, as mills operated at an average capability utilization rate of 76.1 percent.

In the corresponding week last year, mills produced 1,812,000 tons at an average capability utilization rate of 74.4 percent, according to the American Iron and Steel Institute, Washington.

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