US crude steel production rises 2.6%

US crude steel output totaled 1,792,000 net tons last week, up 2.6% from 1,746,000 tons the previous week, according to the American Iron and Steel Institute based in Washington.

US crude steel output totaled 1,792,000 net tons last week, up 2.6% from 1,746,000 tons the previous week, according to the American Iron and Steel Institute based in Washington.

Mills operated at an average capability utilisation rate of 72.5%.

In the corresponding week last year, mills produced 1,809,000 tons at an average capability utilisation rate of 73%.

Mills have produced 86,349,000 tons so far this year at an average capability utilisation rate of 76%, up 3.3% from the same period last year, when mills produced 83,628,000 tons at an average capability utilisation rate of 74.4%.

This report was first published by American Metal Market 
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