US domestic Raw Steel production gains 6.1 percent y/y

UNITED STATES August 02 2017 10:47 AM
NEW YORK (Scrap Register): United States domestic raw steel production gained by 6.1 percent year-on-year to 1,769,000 net tons in the week ended on July 29, 2017 while the capability utilization rate was 75.9 percent, according to the latest figures released by the American Iron and Steel Institute (AISI).

US domestic raw steel production was 1,667,000 net tons in the week ended on July 29, 2016 while the capability utilization then was 71.3 percent. 

Production for the week ended July 29, 2017 is down 0.2 percent from the previous week ending July 22, 2017 when production was 1,773,000 net tons and the rate of capability utilization was 76.1 percent.

Adjusted year-to-date production through July 29, 2017 was 52,108,000 net tons, at a capability utilization rate of 74.5 percent. That is up 2.6 percent from the 50,793,000 net tons during the same period last year, when the capability utilization rate was 72.4 percent.