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26 Jan
17:18

US raw steel output rises week-on-week, down on-year

US raw steel production in the week ended 23 January ticked up slightly from the previous week but remains significantly down year-on-year, Kallanish learns from the American Iron and Steel Institute. Last week, raw steel production totalled 1.67 million net tons at an average capability utilisation of 69.8%, up 1.1% from the previous week’s total of 1.652m nt at 69.1%. Raw steel production is down -7.6%, however, from last year’s production of 1.…
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