The American Iron and Steel Institute (AISI) reported Monday that US raw steel production rose last week (ended June 18) with output increasing 0.9 percent from the previous week. In the prior week (ended June 11), US raw steel production had increased 0.6 percent compared to the week before.
Total raw steel production in the United States amounted to 1,858,000 net tons (nt) last week. This figure represents a 0.9 percent increase from the 1,841,000 nt produced in the prior week, and is up 2.3 percent from the 1,816,000 nt produced in the same week of last year.
The capacity utilization rate of US raw steelmaking facilities was 76 percent in the week ending June 18, compared to 75.3 percent in the prior week and 75.4 percent in the same week of last year.