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US raw steel production down 1.6 percent week-on-week

Monday, 20 June 2016 23:46:24 (GMT+3)   |   San Diego
       
According to the American Iron and Steel Institute, in the week ending June 18, 2016, US domestic raw steel production was 1,750,000 net tons while the capability utilization rate was 74.8 percent. Production was 1,760,000 net tons in the week ending June 18, 2015 while the capability utilization then was 74.4 percent. The current week production represents a 0.6 percent decrease from the same period in the previous year. Production for the week ending June 18, 2016 is down 1.6 percent from the previous week ending June 11, 2016 when production was 1,779,000 net tons and the rate of capability utilization was 76.1 percent.

Adjusted year-to-date production through June 18, 2016 was 42,305,000 net tons, at a capability utilization rate of 72.4 percent. That is down 0.6 percent from the 42,555,000 net tons during the same period last year, when the capability utilization rate was 72.1 percent.



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