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US raw steel production edges up 0.7 percent- 11 May 11

US raw steel production rose last week (ended May 6) with output increasing 0.7 percent from the previous week. In the prior week (ended April 30), US raw steel production had fallen 2.9 percent compared to the week before.Total raw steel production in the United States amounted to 1,801,000 nt last week. This figure represents a 0.7 percent increase from the 1,788,000 nt produced in the prior week, and is up 1.4 percent from the 1,776,000 nt produced in the same week of last year.The capacity utilization rate of US raw steelmaking facilities was 73.7 percent in the week ending May 6, compared to 73.1 percent in the prior week and 73.4 percent in the same week last year.

May 11, 2011 08:52
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