U.S. Domestic Raw Steel Output Dipped 3%

SEATTLE (Scrap Monster): 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.