US Raw Steel production increases by 2.1% to 1,718,000 net tons

NEW YORK (Scrap Register): United States domestic raw steel production increased by 2.1 percent to 1,718,000 net tons in the week ended June 10, 2017 while the capability utilization rate was 73.7 percent, according to the latest figures released by the     American Iron and Steel Institute (AISI). 

US domestic raw steel production was 1,755,000 net tons in the week ended June 10, 2016 while the capability utilization then was 75.1 percent. 

Domestic raw steel production for the week ended June 10, 2017 is down 1.8 percent from the previous week ended June 3, 2017 when production was 1,749,000 net tons and the rate of capability utilization was 75.0 percent. 

Adjusted year-to-date production through June 10, 2017 was 39,885,000 net tons, at a capability utilization rate of 74.4 percent. That is up 2.6 percent from the 38,872,000 net tons during the same period last year, when the capability utilization rate was 72.6 percent.