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12 May
01:00

Rate of descent accelerates in US weekly raw steel output

The year-on-year fall in US weekly raw steel output continued in week-ending 9 May 2015. Data released by the American Iron and Steel Institute (AISI) and monitored by Kallanish, show that the rate of fall in output accelerated for the first time in five weeks. Capability utilisation also fell year-on-year and year-to-date. In the week ending 9 May 2015, domestic raw steel production was 1,665,000 net tons while the capability utilisation rate was 70.4%. Thi…
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