Marginal gains in US steel production

US raw steel production was 1,698,000 tons in the week ended Dec. 16, 2017 while the capability utilization was 72.8%. Production was up 5.7% from the same week in 2016 when output was 1,607,000 tons while the capability utilization was 67.8%. Production for the week ended Dec. 16, 2017 is up 1.6% from the previous week  when production was 1,672,000 tons and the  capability utilization was 71.7%.

Adjusted year-to-date production through Dec. 16, 2017 was 86,751,000 tons at a capability utilization of 74.4%. That is up 4.3% from the 83,165,000 tons during the same 2016 period when the capability utilization rate was 70.5%.

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