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US weekly Raw Steel production up 3.3% y/y

From scrapregister.com

The United States domestic raw steel production was 1,875,000 net tons in the week ending on June 8, 2019, while the capability utilization rate was 80.6 percent, according to latest data from the American Iron and Steel Institute (AISI). Production was 1,815,000 net tons in the week ending June 8, 2018 while the capability utilization then was 77.4 percent. The current week production represents a 3.3 percent increase from the same period in the previous year. Production for the week ending June 8, 2019 is down 0.8 percent from the previous week ending June 1, 2019 when production was 1,890,000 net tons and the rate ... (full story)

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  • Category: Fundamental Analysis