US Raw Steel production slips to 1,746,000 net tons

UNITED STATES July 20 2016 2:20 PM

NEW YORK (Scrap Register): United States domestic raw steel production slipped by 0.2% to 1,746,000 net tons in the week ending July 16, 2016 while the capability utilization rate was 74.7 percent, the American Iron and Steel Institute (AISI).

United Sates raw steel production was 1,750,000 net tons in the week ended July 16, 2015 while the capability utilization then was 73.2 percent.

Production for the week ended July 16, 2016 is up 2 percent from the previous week ending July 9, 2016 when production was 1,712,000 net tons and the rate of capability utilization was 73.2 percent.

Adjusted year-to-date production through July 16, 2016 was 49,200,000 net tons, at a capability utilization rate of 72.5 percent. That is down 0.8 percent from the 49,573,000 net tons during the same period last year, when the capability utilization rate was 72.3 percent.