US domestic Raw Steel production increases by 5.7% to 1,813,000 net tons
NEW YORK (Scrap Register): United States domestic raw steel production has increased by 5.7 percent to 1,813,000 net tons in the week ended on March 10, 2018, while the capability utilization rate was 77.8 percent, according to the latest figures from the American Iron and Steel Institute (AISI).
US domestic raw steel production was 1,716,000 net tons in the week ended March 10, 2017 while the capability utilization then was 73.6 percent.
Production for the week ending March 10, 2018 is down 1.1 percent from the previous week ending March 3, 2018 when production was 1,834,000 net tons and the rate of capability utilization was 78.7 percent.
Adjusted year-to-date production through March 10, 2018 was 17,187,000 net tons, at a capability utilization rate of 74.8 percent. That is down 0.2 percent from the 17,221,000 net tons during the same period last year, when the capability utilization rate was 74.6 percent.