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US crude steel production decreased

According to data from the American Iron and Steel Institute (AISI), US crude steel production fell on a weekly and annual basis....

US crude steel production decreased

According to the data, in the week ended July 8, US crude steel production was around 1.71 million net tons, decreasing slightly by 1.7% yoy and 0.6% yoy.

In this period, capacity utilization rate fell by 2.1% on a weekly basis and by 2.9% yoy to 75.2%.

The US produced a total of around 46 million net tons of crude steel as of July 8, down by 2.8% from a year earlier. In addition, the capacity utilization rate was 75.8%, which represents a y/y decrease of 4.2%.


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