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U.S. Raw Steel Output Soared 2%
2019-7-17

July 17 (LTIT) –The U.S. weekly raw steel output reported modest surge during the week ended on July 13, 2019 over the previous week. This is in accordance with the latest weekly production statistics published by the American Iron and Steel Institute (AISI). Also, the production for the week edged higher marginally when compared with the previous week.

 

The U.S. domestic raw steel production in the week ended July 13, 2019 totaled 1.867 million net tons (NT) at a capability utilization rate of 80.2%. It must be noted that the production had totaled only 1.838 million NT at a much lower capacity utilization rate of 78.4% during the corresponding week last year. Meantime, the production during the week increased marginally by 1.1% when compared with the prior week production of 1.847 million NT. The capacity utilization rate then was 79.4%.

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