Marginal gains in US steel production

US raw steel production was 1,720,000 tons in the week ended Dec. 2, 2017 while the capability utilization was 73.8%, according to the AISI. Production was up 7.8% from the same 2016 period when output was 1,595,000 tons while the capability utilization was 67.3%. Production for the week ended Dec. 2, 2017 was up 1% from the previous week ended Nov. 25, 2017 when production was 1,703,000 tons and the rate of capability utilization was 73%.

Adjusted year-to-date production through Dec. 2, 2017 was 83,381,000 tons at a capability utilization rate of 74.5%. That is up 4.3% from the 79,951,000 tons during the same 2016 period  when the capability utilization rate was 70.8%.

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