US Raw Steel production slips to 1,757,000 net tons

Published: Jun 28, 2016 15:36 (GMT+8)
United States domestic raw steel production slipped by 0.2% year-on-year to 1,757,000 net tons in the week ended June 25, 2016.

UNITED STATES June 28 2016 12:30 PM

NEW YORK (Scrap Register): United States domestic raw steel production slipped by 0.2% year-on-year to 1,757,000 net tons in the week ended June 25, 2016, while the capability utilization rate was 75.1 percent, as per the latest figures from the American Iron and Steel Institute (AISI).

According to AISI, raw steel production was 1,760,000 net tons in the week ended June 25, 2015 while the capability utilization then was 74.4 percent.

Production for the week ended June 25, 2016 is up 0.4 percent from the previous week ended June 18, 2016 when production was 1,750,000 net tons and the rate of capability utilization was 74.8 percent.

Adjusted year-to-date production through June 25, 2016 was 44,005,000 net tons, at a capability utilization rate of 72.4 percent. That is down 0.7 percent from the 44,315,000 net tons during the same period last year, when the capability utilization rate was 72.1 percent.


Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Platinum rises while palladium slips in 20 October spot trade
2 hours ago
Platinum rises while palladium slips in 20 October spot trade
Read More
Platinum rises while palladium slips in 20 October spot trade
Platinum rises while palladium slips in 20 October spot trade
[SMM PGM Flash] Spot platinum rose 0.7% to US$1,651.25 an ounce, while palladium fell 0.2% to US$1,117.87 an ounce in prices reported by Reuters at 03:47 GMT on 20 October. The opposing moves show that the two metals were not trading in lockstep in the morning session. These are time-stamped international spot prices, not mine-gate prices or completed sales by African producers.
2 hours ago
Ghana reports refining 5.4 tonnes of small-scale gold locally in October
2 hours ago
Ghana reports refining 5.4 tonnes of small-scale gold locally in October
Read More
Ghana reports refining 5.4 tonnes of small-scale gold locally in October
Ghana reports refining 5.4 tonnes of small-scale gold locally in October
[SMM Gold Flash] Ghana’s Gold Board reports that 5.4 tonnes of the 5.7 tonnes of artisanal and small-scale gold it had purchased during October had been refined locally, or 94.6%. The figures were presented by its chief executive at a minerals policy forum. The board said two partner refineries had processed 25 tonnes of its small-scale gold cumulatively in 2026. The October figure measures processing of gold bought by the board; it does not measure all gold mined in Ghana. It is a separate development from the export totals reported earlier. Greater local refining could retain more processing activity in Ghana, while the government’s goal of ending raw mineral exports by 2030 remains a target.
2 hours ago
Gold price: Bottom at $4,000 or further pullbacks?
4 hours ago
Gold price: Bottom at $4,000 or further pullbacks?
Read More
Gold price: Bottom at $4,000 or further pullbacks?
Gold price: Bottom at $4,000 or further pullbacks?
4 hours ago