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US raw steel output dropped 0.7%
Apr 1,2015 09:44CST
industry news
Source:SMM
As per the statistics released by the American Iron and Steel Institute (AISI), the raw steel production by the country dropped marginally during the week ended March 28th, 2015.

 Author: Paul Ploumis31 Mar 2015 Last updated at 08:38:36 GMT

 
ALBANY (Scrap Monster): As per the statistics released by the American Iron and Steel Institute (AISI), the raw steel production by the country dropped marginally during the week ended March 28th, 2015. The weekly output had rebounded during the week prior to this after posting steady decline for many weeks in a row.
The total raw steel output during the week ending March 28th was 1,628,000 net tons. The AISI data indicates that the US raw steel production has declined slightly by 0.7% during the week. This is in comparison with the previous week (ie., the week ended March 21st)  production figures of 1,639,000 net tons. Also, the weekly output represents a sharp decline of 12.8% in comparison with production of 1,868,000 net tons during same week the previous year.
The capability utilization rate of US steel makers was 68.9% during the week ended March 28th, 2015.
The capacity utilization rate has declined marginally lower when compared to 69.3% during the previous week (ie., the week ending March 21st). On the other hand, capacity utilization was lower when compared with the rate of 77.7% during same week the previous year.
 The region-wise comparative weekly production figures are provided below:-    

Region

Steel production (in ‘000 nt)

% Change

Week ended Mar 21st

Week ended Mar 28th

North East

194

195

+0.52

Great Lakes

612

579

-5.39

Southern

536

556

+3.73

Western

83

85

+2.41

Midwest

214

213

-0.47

 
The American Iron and Steel Institute (AISI) is an association of North American steel producers. AISI's member companies represent over three quarters of both U.S. and North American steel capacity.
AISI determines its weekly raw steel production data based on weekly data from 50% of the domestic industry and estimates the rest using monthly production data.
 
 
US raw steel production

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