Posted on 17 Sep 2019
The year-to-date production totaled 68.959 million net tons. This compares with the production of 66.455 million net tons during the same period last year.
The domestic weekly raw steel output totaled 1.811 million net tons in the U.S. during the week ending September 14, 2019. The steel mills reported a capacity utilization rate of 77.8% during the week.
The weekly production is down by 2.9% from the corresponding week a year before. The U.S. Domestic raw steel production had totaled 1.866 million net tons at a capability utilization rate of 79.6% during the week ended September 14, 2018. Upon comparison with the prior week, the production reported marginal decline by 1.3%. The production for the week ending September 7, 2019 had totaled 1.835 million net tons.
The year-to-date production totaled 68.959 million net tons. This compares with the production of 66.455 million net tons during the same period last year. Year-on-year, the production surged higher by 3.8%.
The Great Lakes region recorded a weekly output of 692,000 net tons, closely followed by Southern region with 668,000 net tons.
Scrap Monster, September 17, 2019
