SMM News: the American Iron and Steel Association reported that as of Aug. 11, 2018, the domestic crude steel production in the 32nd week of the United States was 1855000 net tons, with a capacity utilization rate of 79.1%. For 32 weeks, net steel production was 1767000 net tons, while capacity utilization was 75.8 per cent. 32-week production increased by 5.0% compared with the same period last year, and 1.5% month-on-week (crude steel production was 1828000 net tons in the same period last year, and capacity utilization was 78.0%).
From January to August, crude steel production in the United States was 57271000 net tons, with a capacity utilization rate of 76.9 per cent. This was 3.6 per cent higher than the 55289000 net tonne in the same period last year, and the capacity utilization rate was 74.6 per cent in the same period last year.
By region: northeast: 223000 net tons; Great Lakes region: 681000 net tons; central and western regions: 192000 net tons; southern: 676000 net tons; western: 83000 net tons, a total of 1855000 net tons.
On the shipping front: in June 2018, US steel mills shipped 7988026 tons, down 0.8 per cent from 8056366 tons a month earlier and up 3.2 per cent from the same period last year. Shipments since the beginning of 2018 have been 47304057 net tons, an increase of 4.1 per cent over the same period last year.
Shipments in June showed the following changes compared with May: shipments of hot-rolled sheets fell 1 per cent, shipments of cold-rolled sheets fell 2 per cent, and shipments of hot-dip galvanized sheets and strips fell 2 per cent.
Note: net tonnage is the basis for calculating various taxes on ships, such as port charges, import and export taxes, water diversion fees, etc. Net tonnage is deducted from the gross tonnage for volume compartments that cannot carry passengers and cargo. Such as the volume tonnage of seafarers' premises, machinery and installations, equipment premises, navigation equipment premises, safety equipment premises, ballast premises, etc.
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