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US weekly raw Steel production up 4% y/y: AISI

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WASHINGTON (Scrap Register): United States domestic raw steel production was 1,887,000 net tons in the week ending on June 15, 2019, while the capability utilization rate was 81.1 percent, according to latest data from the American Iron and Steel Institute (AISI).

Production was 1,815,000 net tons in the week ending June 15, 2018 while the capability utilization then was 77.4 percent. The current week production represents a 4.0 percent increase from the same period in the previous year.

Production for the week ending June 15, 2019 is up 0.6 percent from the previous week ending June 8, 2019 when production was 1,875,000 net tons and the rate of capability utilization was 80.6 percent.

Adjusted year-to-date production through June 15, 2019 was 44,997,000 net tons, at a capability utilization rate of 81.5 percent. That is up 5.9 percent from the 42,472,000 net tons during the same period last year, when the capability utilization rate was 76.7 percent.

Broken down by districts, here's production for the week ending June 15, 2019 in thousands of net tons: North East: 215; Great Lakes: 710; Midwest: 199; Southern: 694 and Western: 69 for a total of 1887.

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