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US domestic Raw Steel production climbs 11.9 percent

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NEW YORK (Scrap Register): United States domestic raw steel production was 1,876,000 net tons in the week ended on December 8, 2018, while the capability utilization rate was 80.0 percent, according to the American Iron and Steel Institute (AISI).

United States domestic raw steel production was 1,676,000 net tons in the week ended December 8, 2017 while the capability utilization then was 71.9 percent. The current week production represents an 11.9 percent increase from the same period in the previous year.

Production for the week ended December 8, 2018 is down 0.8 percent from the previous week ended December 1, 2018 when production was 1,892,000 net tons and the rate of capability utilization was 80.7 percent.

Adjusted year-to-date production through December 8, 2018 was 89,404,000 net tons, at a capability utilization rate of 78.2 percent. That is up 5.9 percent from the 84,456,000 net tons during the same period last year, when the capability utilization rate was 74.0 percent.

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