Steel Products Prices North America
July 12, 2016
Weekly Raw Steel Production: Down for Third Week
Written by Brett Linton
For the week ending July 8, 2016, the American Iron & Steel Institute (AISI) estimated the U.S. steel industry produced 1,712,000 net tons of raw steel, a 1.4 percent decrease over the previous week and a 2.2 percent decrease over the same week one year ago. The estimated capacity utilization rate is 73.2 percent, down from 74.3 percent last week but unchanged from 73.2 percent this time last year.
This the lowest production level and capacity utilization rate since the week ending April 30, 2016 when 1,711,000 tons were produced at a capacity utilization rate of 73.2 percent.
