US domestic Raw Steel production climbs 5.7 percent to 1,930,000 net tons
NEW YORK (Scrap Register): United States domestic raw steel production was 1,930,000 net tons in the week ended on March 16, 2019, while the capability utilization rate was 82.9 percent, according to American Iron and Steel Institute (AISI).
Production was 1,826,000 net tons in the week ended March 16, 2018 while the capability utilization then was 78.3 percent.
The current week production represents a 5.7 percent increase from the same period in the previous year.
Production for the week ended March 16, 2019 is down 0.6 percent from the previous week ended March 9, 2019 when production was 1,941,000 net tons and the rate of capability utilization was 83.4 percent.
Adjusted year-to-date production through March 16, 2019 was 20,310,000 net tons, at a capability utilization rate of 81.4 percent.
That is up 6.7 percent from the 19,035,000 net tons during the same period last year, when the capability utilization rate was 76.6 percent.