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US raw steel production inches 0.3% higher

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


NEW YORK — U.S. raw steel output totaled an estimated 1,845,000 net tons last week, up 0.3 percent from 1,839,000 tons the previous week as mills operated at an average capability utilization rate of 77 percent.

In the corresponding week last year, mills produced 1,875,000 tons at an average capability utilization rate of 78.3 percent, according to the American Iron and Steel Institute, Washington.

Mills have produced 12,019,000 tons so far this year at an average capability utilization rate of 76.3 percent, down 0.8 percent from 12,122,000 tons at an average capability utilization rate of 77.3 percent in the same period last year.

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