UNITED STATES July 05 2016 10:43 AM
NEW YORK (Scrap Register): United States domestic raw steel production slipped 0.2% year-on-year to 1,757,000 net tons in the week ended June 25, while the capability utilization rate was 75.1 percent, as per the latest figures from the American Iron and Steel Institute (AISI).
The raw steel production for the week ending June 25, 2016 is up 0.4 percent from the previous week ending 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.