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US raw steel production moves down slightly- 13 Jul 11

The American Iron and Steel Institute (AISI) reported Monday that US raw steel production fell last week (ended July 9) with output falling 0.3 percent from the previous week. In the prior week (ended July 2), US raw steel production had dropped 0.9 percent compared to the week before. Total raw steel production in the United States amounted to 1,848,000 net tons (nt) last week. This figure represents a 0.3 percent decline from the 1,853,000 nt produced in the prior week, and is up 9.7 percent from the 1,684,000 nt produced in the same week of last year. The capacity utilization rate of US raw steelmaking facilities was 75.6 percent in the week ending July 9, compared to 75.8 percent in the previous week and 69.6 percent in the same week of last year.

Jul 13, 2011 07:50
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