Open / Close Advertisement

U.S. Weekly Raw Steel Output Declines 7.5% Year-on-Year

Production was 1,889,000 net tons in the week ending June 13, 2014 while the capability utilization then was 78.5%. The current week production represents a 7.5 % decrease from the same period in the previous year. Production for the week ending June 13, 2015 is up 1.5% from the previous week ending June 6, 2015 when production was 1,722,000 net tons and the rate of capability utilization was 72.8 %.

Adjusted year-to-date production through June 13, 2015 was 40,111,000 net tons, at a capability utilization rate of 72.4%. That is down 7.3% from the 43,283,000 net tons during the same period last year, when the capability utilization rate was 77.3%.

Broken down by districts, AISI listed production for the week ending June 13, 2015 in thousands of net tons: North East: 228; Great Lakes: 621; Midwest: 213; Southern: 599 and Western: 86 for a total of 1,747.