NEW YORK (Scrap Register): United States domestic raw steel production has decreased by nearly one percent to 1,739,000 net tons in the week ended on June 17, 2017, while the capability utilization rate was 74.6 percent, according to the latest figures the American Iron and Steel Institute (AISI).
Domestic raw steel production was 1,755,000 net tons in the week ended June 17, 2016 while the capability utilization then was 75.1 percent.
Production for the week ended June 17, 2017 is up 1.2 percent from the previous week ending June 10, 2017 when production was 1,718,000 net tons and the rate of capability utilization was 73.7 percent.
Adjusted year-to-date production through June 17, 2017 was 41,624,000 net tons, at a capability utilization rate of 74.4 percent. That is up 2.5 percent from the 40,627,000 net tons during the same period last year, when the capability utilization rate was 72.6 percent.