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AISI Update on Raw Steel Production in US IN Week 23

Steel News - Published on Thu, 13 Jun 2019

Image Source: SteelGuru
In the week ending on June 8, 2019, domestic raw steel production was 1,875,000 net tons while the capability utilization rate was 80.6 percent. Production was 1,815,000 net tons in the week ending June 8, 2018 while the capability utilization then was 77.4 percent. The current week production represents a 3.3 percent increase from the same period in the previous year. Production for the week ending June 8, 2019 is down 0.8 percent from the previous week ending June 1, 2019 when production was 1,890,000 net tons and the rate of capability utilization was 81.2 percent.

Adjusted year-to-date production through June 8, 2019 was 43,110,000 net tons, at a capability utilization rate of 81.5 percent. That is up 6.0 percent from the 40,657,000 net tons during the same period last year, when the capability utilization rate was 76.7 percent.

Broken down by districts, here's production for the week ending June 8, 2019 in thousands of net tons: North East: 214; Great Lakes: 720; Midwest: 186; Southern: 684 and Western: 71 for a total of 1875.

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Posted By : Rabi Wangkhem on Thu, 13 Jun 2019
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