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AISI update on raw steel production in US in Week 16

Steel News - Published on Tue, 23 Apr 2019

Image Source: e2b teknologies
In the week ending on April 20, 2019, domestic raw steel production was 1,903,000 net tons while the capability utilization rate was 81.8%. Production was 1,780,000 net tons in the week ending April 20, 2018 while the capability utilization then was 76.0 percent. The current week production represents a 6.9% increase from the same period in the previous year. Production for the week ending April 20, 2019 is down 0.6 percent from the previous week ending April 13, 2019 when production was 1,915,000 net tons and the rate of capability utilization was 82.3%.

Adjusted year-to-date production through April 20, 2019 was 29,954,000 net tons, at a capability utilization rate of 81.9%. That is up 6.9% from the 28,033,000 net tons during the same period last year, when the capability utilization rate was 76.4%.

Broken down by districts, here's production for the week ending April 20, 2019 in thousands of net tons: North East: 186; Great Lakes: 741; Midwest: 186; Southern: 720 and Western: 70 for a total of 1903.

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Posted By : Ratan Singh on Tue, 23 Apr 2019
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