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US weekly steel production decreased

According to data released by the US Iron and Steel Institute (AISI), US crude steel production decreased for one week.

US weekly steel production decreased

According to the published data, crude steel production decreased by 0.5 percent to 1 million 699 thousand tons in the week ending November 4 compared to the previous week.

Steel producers worked at 73.9 percent capacity in the week in question.

Production increased by 6.6 percent compared to the same month of the previous year and was recorded as 75 million 322 thousand tons since the beginning of the year, down by 0.7 percent compared to the same period last year. The capacity utilization rate of steel producers was 75.8 percent in this period.

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