US weekly Raw Steel output rises 6.6% to 1,915,000 net tons: AISI
WASHINGTON (Scrap Register): The United States domestic raw steel production was 1,915,000 net tons in the week ending on May 4, 2019, while the capability utilization rate was 82.3 percent, according to latest data from the American Iron and Steel Institute (AISI).
Production was 1,796,000 net tons in the week ending May 4, 2018 while the capability utilization then was 77.6 percent. The current week production represents a 6.6% increase from the same period in the previous year.
Production for the week ending May 4, 2019 is up 1.1 percent from the previous week ending April 27, 2019 when production was 1,895,000 net tons and the rate of capability utilization was 81.4%.
Adjusted year-to-date production through May 4, 2019 was 33,698,000 net tons, at a capability utilization rate of 81.7 percent. That is up 6.6 percent from the 31,610,000 net tons during the same period last year, when the capability utilization rate was 76.4 percent.
Broken down by districts, here's production for the week ending May 4, 2019 in thousands of net tons: North East: 207; Great Lakes: 720; Midwest: 192; Southern: 719 and Western: 77 for a total of 1915.