UNITED STATES May 30 2017 4:21 PM
NEW YORK (Scrap Register): United States domestic raw steel production increased by 0.5 percent to 1,741,000 net tons in the week ended on May 20, 2017, while the capability utilization rate was 74.7 percent, this is according to the latest figures released by the American Iron and Steel Institute (AISI).
US domestic raw steel production was 1,732,000 net tons in the week ended May 20, 2016 while the capability utilization then was 74.1 percent.
Raw steel production for the week ended May 20, 2017 is up 0.8 percent from the previous week ended May 13, 2017 when production was 1,728,000 net tons and the rate of capability utilization was 74.1 percent.
Adjusted year-to-date production through May 20, 2017 was 34,665,000 net tons, at a capability utilization rate of 74.3 percent. That is up 3.0 percent from the 33,644,000 net tons during the same period last year, when the capability utilization rate was 72.1 percent.