UNITED STATES July 11 2017 10:25 AM
NEW YORK (Scrap Register): United States domestic raw steel production was 1,733,000 net tons in the week ended on July 8, 2017 while the capability utilization rate was 74.3 percent, the American Iron and Steel Institute (AISI).
According to AISI, the production was 1,667,000 net tons in the week ended July 8, 2016 while the capability utilization then was 71.3 percent. The current week production represents a 4.0 percent increase from the same period in the previous year.
Production for the week ended July 8, 2017 is up 0.9 percent from the previous week ending July 1, 2017 when production was 1,717,000 net tons and the rate of capability utilization was 73.6 percent.
Adjusted year-to-date production through July 8, 2017 was 46,803,000 net tons, at a capability utilization rate of 74.4 percent. That is up 2.2 percent from the 45,792,000 net tons during the same period last year, when the capability utilization rate was 72.4 percent.