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Raw Steel Production Capacity Utilizaion in US Dips to 51% in Week 18

  • Wednesday, May 6, 2020
  • Source:ferro-alloys.com

  • Keywords:Raw Steel Production Capacity Utilizaion, US
[Fellow]AISI announced that in the week ending on May 2, 2020, domestic raw steel production was 1,144,000 net tons.
[Ferro-Alloys.comAISI announced that in the week ending on May 2, 2020, domestic raw steel production was 1,144,000 net tons while the capability utilization rate was 51.1 percent. Production was 1,889,000 net tons in the week ending May 2, 2019 while the capability utilization then was 81.2 percent. The current week production represents a 39.4 percent decrease from the same period in the previous year. Production for the week ending May 2, 2020 is down 8.5 percent from the previous week ending April 25, 2020 when production was 1,250,000 net tons and the rate of capability utilization was 55.8 percent.
 
Adjusted year-to-date production through May 2, 2020 was 29,655,000 net tons, at a capability utilization rate of 77.5 percent. That is down 11.0 percent from the 33,338,000 net tons during the same period last year, when the capability utilization rate was 81.4 percent.
 
Broken down by districts, here's production for the week ending May 2, 2020 in thousands of net tons: North East: 109; Great Lakes: 401; Midwest: 121; Southern: 476 and Western: 37 for a total of 1144. (AISI)

 

  • [Editor:kangmingfei]

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