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US weekly steel production decreased compared to the previous week

According to the data from American Iron and Steel Institute (AISI)...

US weekly steel production decreased compared to the previous week

AISI reported that domestic crude steel production in the US was 1 million 614 thousand net tons for the week ending December the 24th, with a capacity utilization rate of 72.3%.

As of the same week of last year, the production was 1 million 768 thousand tons and the capacity utilization rate was 80.1%. Production in the last week shows a decrease of 8.7% compared to a year ago.

The production of the week ending on December the 24th decreased by 0.8% compared to the previous week when the capacity utilization rate was 72.9% and the production was 1 million 627 thousand tons.

As of the week ending on December the 24th, annual total production decreased by 5.6% compared to the same period of the previous year and became 87 million 605 thousand tons. Capacity utilization rate also decreased from 81.2% to 78.0%.

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