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06 Nov

Raw steel production increases in US

US raw steel production for the week ended 4 November was 1.69 million short tons, with a capability utilisation rate of 73.9%, Kallanish learns from the American Iron and Steel Institute. The volume represents a 6.6% increase from the same period of 2022, when production was 1.594m st and utilisation was 71.5%. Raw steel production decreased by 0.5% from the prior week, when output was 1.707m st and utilisation was 74.3%. The South produced 762,000 st of st…
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