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01 Aug
21:26

US steel production decreases on-week

The American Iron and Steel Institute reports US steel production was 1.73 million short tons and the capacity utilisation rate was 78.4% for the week ended 30 July. This is a 1.5% decrease from the week ended 23 July, as monitored by Kallanish. In 2021, during the same week, the US produced 1.86m st at an 84.4% utilisation rate. The current week’s production is a 7.3% decrease from the same period last year. Last week, ended 23 July, raw production was 1.7…
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