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26 Feb

US raw steel production increases on-week

Weekly raw steel production in the US for the week ended 24 February was 1.727 million short tons with a capability utilisation rate of 77.8%, Kallanish learns from the American Iron and Steel Institute. Raw steel production increased 0.3% week-on-week. In the week ended 17 February, raw production was 1.721m st and utilisation was 77.5%. The latest figure represents a 4.1% decrease from the equivalent period of 2023 when production was 1.8m st, and util…
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