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AISI update on raw steel production in US in Week 19

Steel News - Published on Tue, 14 May 2019

Image Source: e2b teknologies
In the week ending on May 11, 2019, domestic raw steel production was 1,927,000 net tons while the capability utilization rate was 82.8%. Production was 1,808,000 net tons in the week ending May 11, 2018 while the capability utilization then was 77.1%. The current week production represents a 6.6% increase from the same period in the previous year. Production for the week ending May 11, 2019 is up 0.6% from the previous week ending May 4, 2019 when production was 1,915,000 net tons and the rate of capability utilization was 82.3%.

Adjusted year-to-date production through May 11, 2019 was 35,625,000 net tons, at a capability utilization rate of 81.8%. That is up 6.6% from the 33,417,000 net tons during the same period last year, when the capability utilization rate was 76.6%.

Broken down by districts, here's production for the week ending May 11, 2019 in thousands of net tons: North East: 201; Great Lakes: 735; Midwest: 191; Southern: 722 and Western: 78 for a total of 1927.

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Posted By : Sanju Moirangthem on Tue, 14 May 2019
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