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AISI update on Raw Steel Production in US in Week 07

Steel News - Published on Wed, 20 Feb 2019

Image Source: SteelGuru
In the week ending on February 16, 2019, domestic raw steel production was 1,886,000 net tons while the capability utilization rate was 81.0%. Production was 1,817,000 net tons in the week ending February 16, 2018 while the capability utilization then was 77.9%. The current week production represents a 3.8% increase from the same period in the previous year. Production for the week ending February 16, 2019 is down 0.6% from the previous week ending February 9, 2019 when production was 1,897,000 net tons and the rate of capability utilization was 81.5%.

Adjusted year-to-date production through February 16, 2019 was 12,737,000 net tons, at a capability utilization rate of 80.7%. That is up 8.4% from the 11,748,000 net tons during the same period last year, when the capability utilization rate was 75.7%.

Broken down by districts, here's production for the week ending February 16, 2019 in thousands of net tons North East: 219; Great Lakes: 661; Midwest: 206; Southern: 726 and Western: 74 for a total of 1886.

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Posted By : Ratan Singh on Wed, 20 Feb 2019
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