US raw steel production rose last week (ended June 4) with output increasing 1.6 percent from the previous week. In the prior week (ended May 28), US raw steel production had fallen 1.1 percent compared to the week before.
Total raw steel production in the United States amounted to 1,830,000 net tons (nt) last week. This figure represents a 1.6 percent increase from the 1,801,000 nt produced in the prior week, and is up 2.5 percent from the 1,785,000 nt produced in the same week of last year.
The capacity utilization rate of US raw steelmaking facilities was 74.8 percent in the week ending June 4, compared to 73.7 percent in the prior week and 73.8 in the same week of last year.